What Is ERTC and Do I Qualify?
The Employee Retention Tax Credit (ERTC) was created by Congress to aid businesses during the pandemic. This tax credit helped many businesses keep their employees on payroll and avoid layoffs during this time period. There is still time to file an amended return IF you meet certain requirements, including:
Having a business that was fully or partially closed or suspended due to a government order.
Having a gross receipt decline by more than 50% compared to the same quarter of the previous year
Whether you qualify for the ERTC depends on the specific details of your business and the COVID-19 pandemic. Find our more information on the IRS website or by giving us a call!
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