How to Check Your ERC Refund Status

How to Check Your ERC Refund Status

The Employee Retention Credit (ERC) became a vital lifeline for businesses affected by the COVID-19 pandemic, offering substantial payroll tax credits to help employers retain their workforce during challenging economic times. However, one area of concern that seems to be becoming more common for businesses and accountants alike is tracking the status of their ERC … Read more

Understanding the ERC Moratorium: What It Means for Businesses

ERC Moratorium

The Employee Retention Credit (ERC) was a critical relief measure introduced under the CARES Act in 2020 to help businesses retain employees during the COVID-19 pandemic. However, due to widespread fraud, abuse, and compliance concerns, the IRS announced a moratorium on ERC processing in September 2023. This moratorium significantly impacts businesses that have already filed … Read more

How to Qualify for the Employee Retention Credit (ERC)

How to Qualify for the Employee Retention Credit

The Employee Retention Credit (ERC) is one of the most significant relief measures for businesses impacted by the COVID-19 pandemic. Established under the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020, the ERC has undergone several legislative modifications through the Consolidated Appropriations Act (CAA) of 2021, the American Rescue Plan Act (ARPA) … Read more

How to Apply for the Employee Retention Credit (ERC): A Step-by-Step Guide

How to Apply for the Employee Retention Credit

The Employee Retention Credit (ERC) is a powerful tax incentive that was introduced as part of the CARES Act to help businesses retain employees during the COVID-19 pandemic. Many businesses that experienced revenue declines or were subject to government shutdowns can still apply for this refundable tax credit retroactively, even though the days of the … Read more

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