A detailed look into the Employee Retention Credit (ERC) and why you likely qualify, even if your tax advisor said you do not. The Employee Retention Credit (ERC), part of the Coronavirus Aid, Relief and Economics Security (CARES) Act, was enacted in March of 2020. It was created to offset the...
Many employers have not filed for the Employee Retention Credit because they do not believe they qualify. Most employers actually do qualify for some portion of this massive credit.
Unemployment fraud is gripping most of the country right now. Much of the fraud is due to criminals taking advantage of an overwhelmed system. They obtain and use personally identifiable information (PII) to file for unemployment. In other cases, it is someone who returns to work in the same...
Every successful business has a budget strategy to minimize its operating costs. However, re-assessing unemployment taxes, as a part of that process, is often omitted. This could cost an employer thousands of dollars - if not millions, annually.
