Employee Retention Credit Deadline is Fast Approaching: A Comprehensive Guide to ERC
The Employee Retention Credit deadline is fast approaching. Many businesses and non-profit organizations have still not claimed their credit. The ERC is a game-changer for businesses looking to recover financially from the impact and challenges created by the COVID-19 pandemic. Eligible companies can still claim up to $21,000 per W2 Employee for 2021 if they qualify. This comprehensive guide will give you an overview of the information you need to secure your credit before the April 15th tax deadline. What is the Employee Retention Credit (ERC)? The employee retention credit (ERC) is a refundable payroll tax credit that was put…