Your government wants your small business to survive (and likely thrive, too).
Since COVID-19 struck, the government has created free and/or easy money in the form of tax credits and loans that are forgiven.
The employee retention credit (ERC) is one such perk for your small business, and it’s operating in high gear right now. Don’t miss out.
This article is about the small-business ERC, which means:
When looking at 2020, you had 100 or fewer employees in 2019.
When looking at 2021, you had 500 or fewer employees in 2019.
If you qualify for the ERC money, don’t think you are taking money from other businesses. You’re not. Unlike the paycheck protection program (PPP), where the money was limited, the ERC has no limits.
Second, don’t think that you had to suffer to qualify for the ERC. You didn’t and don’t. In fact, you can prosper and still qualify for the ERC. The ERC has one purpose: to help make sure that you keep your employees working.
The ERC allows you to qualify for up to $33,000 in ... Log in to view full article.