IntroductionThe Employee Retention Tax Credit (ERTC) is a valuable tax credit for businesses affected by the COVID-19 pandemic. It was first included in the CARES Act in March 2020, and it has since been extended until December 2021. The credit is intended to encourage employers to keep their employees on the payroll during the pandemic. In this article, we will go over the most recent ERTC updates, such as the ...

ERC BASICS What is ERC? ERC is a stimulus program designed to help those businesses that were able to retain their employees during the Covid-19 pandemic. Established by the CARES Act, it is a refundable tax credit - a grant, not a loan - that you can claim for your business. The ERC is available to both small and mid-sized businesses. It is based on qualified wages and healthcare paid to employees. When does ERC end? Available for 2020 and ...