Does California Tax ERC Federal Credit?

Does California Tax ERC Federal Credit? Key Takeaways The ERC was created to provide financial relief to businesses that retained employees despite facing significant revenue losses due to government-imposed shutdowns and restrictions. California does not tax the Employee Retention Credit. At ERTC Express, we help California business owners with the ERC filing process, offering specialized… Continue reading Does California Tax ERC Federal Credit?

Does Georgia Tax The ERC Federal Credit?

Does Georgia Tax The ERC Federal Credit? Key Takeaways Georgia taxes the Employee Retention Credit (ERC), requiring businesses to adjust their state-taxable income by subtracting the wages disallowed federally due to the credit. The ERC provides a refundable credit of up to $28,000 per employee for 2021, to help businesses retain employees during the pandemic. … Continue reading Does Georgia Tax The ERC Federal Credit?