How to Apply for the ERC (Employee Retention Credit) & Get The Maximum Tax Credit For Your Business скачать в хорошем качестве

How to Apply for the ERC (Employee Retention Credit) & Get The Maximum Tax Credit For Your Business

Businesses of all kinds continue to struggle after a year and a half of the global COVID-19 pandemic. The national unemployment rate is still at 5.4% in summer 2021. Small businesses have seen record temporary and permanent closures, with some estimates claiming that there were an additional 200,000 closures in the pandemic’s first year compared to a normal year. The government responded with several relief programs, including the Payment Protection Program (PPP), which distributed loans to over 10.7 million borrowers and more than $780 billion in forgivable loans. This program supported businesses in keeping people employed instead of having to furlough or lay off workers. Another form of relief is the ERC, typically referred to as the Employee Retention Credit, introduced as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in early 2020. This guide will cover what this tax credit entails, how to apply for the ERC, and common challenges businesses face when trying to claim it. Learn more at https://erctoday.com/apply-for-the-em...