The Employee Retention Credit (ERC) has been a lifeline for businesses navigating the challenges posed by the COVID-19 pandemic. If you’re eligible for this credit and haven’t yet claimed it, don’t worry – it’s not too late. In this comprehensive guide, we’ll walk you through the process of filing your 941-X form to claim the ERC in 2023. What is ...
As businesses navigate the economic challenges posed by the pandemic, government relief programs like the Employee Retention Credit (ERC) have become crucial. In this comprehensive guide, we’ll delve into the significance of the ERC for businesses in 2023. We’ll explore the intricacies of ERC application deadlines and provide insights into the typical processing times for ERC refunds. By understanding these ...
In the ever-evolving landscape of government assistance programs, two standout initiatives have been providing a lifeline to businesses grappling with economic uncertainties: the Paycheck Protection Program (PPP) and the Employee Retention Credit (ERC). While these programs share the goal of supporting businesses during turbulent times, understanding how they intersect and impact each other is essential for maximizing financial benefits. In ...