Self-employed workers, including independent contractors, gig workers, freelancers, and sole proprietors, may be eligible to recover up to ...

Congress created the Employee Retention Credit (ERC) to give tax credits to businesses that kept employees on payroll instead of laying them off during the COVID-19 pandemic. In reliance on those tax ...

Thankfully for small business owners, there are a handful of really good tax credits that you can take advantage of for the ...

Take, for example, the employee retention tax credit (ERTC), a federal payroll tax break available to businesses economically hurt by the coronavirus crisis but continue to keep employees on the ...

The IRS continues efforts to tackle erroneous Employee Retention Tax Credit (ERC) claims. The agency says it has protected over $1 billion in revenue by increasing enforcement surrounding ...

The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

(The Center Square) – Arizona Congressional District One Congressman David Schweikert introduced the Employee Retention Tax ...

Employers who also pay state unemployment taxes can receive a federal tax credit of up to 5.4%, resulting in an effective FUTA tax rate of 0.6%. Understanding the Federal Unemployment Tax Act ...

Assuming employers levy the $3,000 maximum for each ... Another provision would sunset the tax credit after a decade, expiring January 2037. “Creating an inventive program to hire veterans ...

The credit can be as high as $9,600 per veteran for for-profit employers or up to $6,240 for tax-exempt organizations. Certain tax-exempt organizations can take advantage of WOTC by hiring ...