ERC Tax Credit Filing From ERC Specialists in Midway City, California
If you are a business owner in Midway City, California, you may have heard about the ERC program and its potential benefits. The Employee Retention Credit (ERC) is a tax credit that was introduced as part of the CARES Act in response to the COVID-19 pandemic. This program aims to provide financial relief to businesses that were adversely affected by the pandemic and encourage them to retain their employees. What is ERC? The Employee Retention Credit (ERC) is a refundable tax credit that is available to eligible employers who retained their employees during the pandemic. The credit is equal to a percentage of qualified wages paid to employees during a specific period. The ERC was initially introduced as part of the CARES Act in March 2020 and has been extended…