Blog, Employee Retention CreditFebruary 21, 2022Necessary Coronavirus Aid, Relief, and Economic Security Act (CARES ACT) was introduced in an attempt to minimize the fallout from COVID-19. The Employee Retention Credit was introduced as part of the CARES Act, initially passed in March of 2020. This package was proposed to support Americans and businesses impacted by the pandemic. Hundreds of thousands of people were laid off ...
Blog, Employee Retention CreditFebruary 21, 2022Both financial, emotional, and physical tolls were taken on business owners, employees, and the world during the COVID-19 pandemic. Businesses were either shut down or forced to limit operations and customers in-store. When employees were sent home, many businesses were left with payments to employees while business came to a halt. Realizing an emergent need, the government started up many ...
Blog, Employee Retention CreditFebruary 21, 2022The COVID-19 pandemic hit hard on a variety of businesses and continues to evolve the way business is done today. Unemployment is still up and continues to ebb and flow as inflation reaches new highs. Many small businesses have shut down and many others continue to struggle to keep up with large and popular businesses in their area. Many businesses ...