Category: ERC Eligibility

Discover Your Eligibility for the Employee Retention Credit (ERC)!

What are the specific requirements to qualify for the ERC? Our team of tax experts has you covered. Explore the eligibility criteria, including business size, impact of government orders, and financial thresholds. Stay up to date with the latest legislative changes and IRS guidelines to ensure your eligibility for this beneficial tax credit.

Our engaging content is designed to empower you with the tools to assess your eligibility, calculate the maximum credit amount, and optimize your tax planning. Gain insights into qualified wages, eligible periods, documentation requirements, and compliance guidelines to confidently navigate the ERC eligibility landscape.

Leverage practical tips, case studies, and success stories from businesses that have successfully claimed the ERC. Learn how they maximize credit amounts and integrate the ERC into their financial strategies, fostering employee retention while boosting their bottom line.

Join our community of informed professionals and stay ahead of the curve. Explore our collection of ERC Eligibility posts, unlock the potential of the Employee Retention Credit, and pave the way for financial stability and sustainable growth for your business.

ERC Family Members Eligibility Count Towards the Employee Retention Credit

So are family members eligible for ERC? The short answer is many businesses can claim ERC family members. It primarily comes down to ownership and the percentage the family member holds. ERC Family Members Qualify Confusion This was already a confusing subject but on 4th of August 2022 there was a distressing and confusing notice […]

What is an Essential Business for ERC

There is a lot of confusion as to what is an essential business for ERC. Being considered an essential business is helpful when figuring out if you qualify. So what is ERC (Employee Retention Credit) and would your company be considered an ERC essential business? ERC Assistance: Helping Small Businesses For businesses, retaining and keeping […]

How to Apply For ERTC Tax Credit

Businesses now realize the amazing opportunity available through the employee retention tax credit. This program will benefit almost all businesses that had any impact due to the pandemic. Unfortunately, the government has not made it very easy to apply for ERTC tax credit. Let’s dive deeper and see how this program could work for you. […]

ERC Stimulus 2023 and Business Eligibility

The government is introducing various measures to support businesses as the US economy recovers from the COVID-19 pandemic. One of these measures still active is the ERC stimulus 2023, which is set to continue through 2024 and possibly into 2025. In this article, we will discuss the ERC stimulus funds, how it benefits US businesses, […]

Can IRS ERC Claim Denied for a Business?

Many businesses are applying for the Employee Retention Credit but can the IRS ERC claim be denied? The IRS ERC application might not necessarily be denied, but trying to claim too much could trigger an audit of the amended tax filing. Let’s look a little deeper into this potential situation. Employee Retention Credit Bonus for […]

ERTC Health Insurance Costs Apply

Many eligible employers are gaining an understanding of the money the Employee Retention Credit brings to them but often leave out ERTC health insurance costs in their qualified wages paid under their group health plan. This is leaving money on the table. Let’s investigate how this forgotten section of the ERTC program can help encourage […]

What Is ERTC Eligibility, and How Do I Qualify?

Introduced in 2020, the Employee Retention Tax Credit (ERTC) was part of the Coronavirus Aid, Relief and Economic Security (CARES) Act. This credit was introduced to help businesses keep their employees on payroll during the COVID-19 pandemic, which effectively shut down the world. Congress passed the ERTC to prevent the irreparable financial loss and mass […]

Main Street Small Business Tax Credit Availability

ERTC and Main Street Tax Credit The impact of the COVID-19 pandemic is still visible. Across the globe, 43% of businesses are temporarily and permanently closed due to the financial crises caused by the COVID-19 pandemic. Employers had to lay off employees to make ends meet or completely shut down their businesses. The government started […]