Don't leave money on the table! The Employee Retention Tax Credit (ERTC) program may have ended, but a business to retroactively claim these funds. In fact, businesses have up to three years from the sunset of the program to conduct a look back to determine if wages they paid after March 12, 2020 through the end of the program are eligible.
The ERTC is a refundable tax credit designed to reward business owners for retaining employees throughout the COVID-19 pandemic. The ERTC was signed into law in 2020 as part of the CARES Act and significantly expanded in 2021.
|