Rodino & Associates, Inc.'s Blog – July 2022 Archive (1)

Employee Retention Credit (ERC)

Most business owners have heard of the PPP loans that were offered during the pandemic and some may have heard about the Employee Retention Tax Credit (ERC or ERTC). Early during the pandemic, the rules stated that if a business took advantage of the PPP loan, they were not eligible for the ERC. Many did not realize that the rules have been ever changing! The latest IRS update issued in May 2021 clarifies several provisions and broadens the qualifications,…

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Added by Rodino & Associates, Inc. on July 28, 2022 at 6:05pm — No Comments

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