ERC Tax Credit Filing From ERC Specialists in Barberton, Washington
Understanding the ERC Program and its Benefits The Employee Retention Credit (ERC) program is a valuable tax credit designed to support businesses during challenging times, such as the COVID-19 pandemic. The ERC program provides eligible employers with a tax credit for retaining employees, helping them navigate the economic uncertainties and maintain their workforce. In Barberton, Washington, businesses can take advantage of the ERC program to receive financial relief and ensure the continuity of their operations. What is ERC? The Employee Retention Credit (ERC) is a refundable tax credit provided by the Internal Revenue Service (IRS) to eligible employers who have experienced significant disruptions due to the pandemic. It was introduced as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 and has been extended and…