Deciphering the ERTC: A Quick Overview “Employee Retention Tax Credit (ERTC) | Definition & Eligibility” from financestrategists.com and used with no modifications. The first step in understanding the tax ramifications of the Employee Retention Credit (ERC) is to understand what it is and how it works. What is the Employee Retention Credit? In essence, the… Continue reading How ERTC Affects Your Tax Return: Is Employee Retention Credit Income Taxable?
Myths about the ERTC Dissecting ERTC Myths and Realities The Employee Retention Tax Credit (ERTC) was introduced to protect jobs and keep businesses afloat during the trying times of the COVID-19 pandemic. However, the nascent nature of this relief credit has resulted in several myths clouding its very intent and purpose. Origin and Intent of… Continue reading ERTC History: Myth vs. Reality of Pandemic Tax Credits