Tag: Employee Rention Credit (ERC)

  • What is the Employee Retention Credit? (ERC)

    The Employee Retention Credit (ERC), also known as the Employee Retention Tax Credit or ERTC, is a refundable tax credit designed for eligible businesses and tax-exempt organizations that had employees and were affected during the COVID-19 pandemic. Here’s a detailed overview: Overview Eligibility Criteria Credit Calculation Limitations Claiming the Credit Voluntary Disclosure Program This credit…