Employee Retention Credit Tax Refund from the IRS. The core of the Employee Retention Credit program is that it's a tax refund from the IRS. This means filing amended IRS Form 941-X for each ...

What is the employee retention credit? It's a refundable tax credit for businesses that continued to pay employees while the company ended up being shut down during the COVID-19 pandemic or had a ...

The Employee Retention Credit has spawned a cottage industry of firms claiming to help businesses get stimulus funds, often in violation of federal rules. By Alan Rappeport Alan Rappeport covers ...

The sweeping budget and tax overhaul making its way through Congress could be the death knell for a popular tax credit — and ...

Companies that employ workers who receive tips are currently eligible for a tax credit (the 45B tax credit). That gives them ...

In 2023, pivotal updates to the Employee Retention Tax Credit (ERTC) have emerged, with substantial financial implications for businesses nationwide. These changes to the ERC program reflect a ...

For tax year 2020, eligible small businesses can claim 50% of the first $10,000 in wages per employee through the Employee Retention Credit. This adds up to a maximum of $5,000 per worker, and you ...

Planning Point: The IRS has provided new details about a withdrawal process for taxpayers who filed employee retention tax credit (ERC) claims that they now believe to be erroneous. Employers can ...

Businesses that convert to employee ownership could soon receive a $100,000 tax credit in Wisconsin. Assembly Bill 17, which ...