Posts

Showing posts from May, 2022

ERTC Application Deadline 2022

Image
ERTC As The Perfect Funding Source For Your Business How The Employee Retention Tax Credit (ERTC) Program Works The ERTC program as part of the CARES act presents itself as a refundable tax credit program setup by the Federal Government that rewards businesses taking into account up to $26,000 per employee. Nothing to be paid put up to or to question freedom for. The ERTC program was meant to reward and put up to businesses to save their employees on payroll. It has been dramatically expanded via a few updates to meet the expense of more financial facilitate to a in relation to every business in the country. Employers can assume advantage of the ERTC neighboring federal employment taxes via endorsed wages paid to their employees from March 13, 2020 to December 31, 2021. Businesses can retroactively claim the checking account neighboring taking into account quarters. The ERTC has a maximum checking account of $5,000 per employee in 2020, and a maximum of $21,000 per employee i...