How Does Employee Retention Credit Affect Your Taxes: Revision history

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11 August 2023

  • curprev 05:0205:02, 11 August 2023AlejandraTramel talk contribs 5,580 bytes +5,580 Created page with "The Employee Retention Tax Credit, or ERTC, is an important part of the COVID-19 economic relief plan. This program allows businesses affected by the recession to claim up to $10,000 in wages each quarter, per employee. While this may not seem like a lot of money, each eligible business could benefit from the additional money. For companies that hire more employees in 2020, the credit can be worth $21,000 per employee, or $700 per quarter.<br><br>The ERTC is available to..."