Your ERTC refund check arrived. Now what? As a result of COVID-era legislation designed to alleviate the negative impacts on American businesses brought about by government shutdowns and other restrictions, thousands of businesses have received or are set to receive...
Some “low-risk” claimants should expect checks “soon” Nearly four and a half years since the bill creating the Employee Retention Tax Credit (ERTC) was signed, entitling qualifying American businesses to refundable tax credits for paying...
IRS processing of Employee Retention Tax Credit claims remains stalled The Employee Retention Tax Credit (ERTC), AKA the Employee Retention Credit (ERC), is a refundable tax credit created via bipartisan congressional action in 2020 and 2021 in order to support...
The Work Opportunity Tax Credit can be carried forward and backward Many organizations already claim the WOTC, but some may not realize that it not only relieves tax burdens now, but also in the past and/or future. For context, there are two kinds of tax...
This year has been a turbulent time for business owners, with inflation, rising interest rates and a volatile economy. To combat losses and help support growth, more small and mid-sized businesses (SMBs) participated in federal and state incentive programs this year,...
Running a small business can be both challenging and rewarding. To achieve long-term success, small businesses must navigate a competitive landscape while maximizing their strengths. Today we’ll explore five key strategies that can help small businesses...
