
Employee Retention Credit - Internal Revenue Service
The Employee Retention Credit (ERC) – sometimes called the Employee Retention Tax Credit or ERTC – is a refundable tax credit for certain eligible businesses and tax-exempt organizations …
Frequently asked questions about the Employee Retention Credit
Jul 27, 2023 · The Employee Retention Credit (ERC) – sometimes called the Employee Retention Tax Credit or ERTC – is a refundable tax credit for certain eligible businesses and tax-exempt …
Employee Retention Credit Eligibility Checklist: Help …
You can use this question-and-answer tool to see if you might be eligible for the Employee Retention Credit (ERC or ERTC). Resolving an incorrect claim may help you avoid having to …
Employee Retention Tax Credit—January 2025 Update
Jan 23, 2025 · As a practical matter, taxpayers who have received an ERC refund need only worry about an attempt by the IRS to clawback the refund prior to the expiration of the statute …
The employee retention tax credit is a broad based refundable tax credit designed to encourage employers to keep employees on their payroll. The credit is 50% of up to $10,000 in wages …
How to Claim the Employee Retention Tax Credit - U.S.
What is the Employee Retention Tax Credit? The ERC is a tax credit designed to help businesses and tax-exempt organizations impacted by COVID-19. To claim the ERC, eligible employers …
The Employee Retention Tax Credit (ERC): What Small Businesses …
Jun 11, 2021 · [Webinar] Employee Retention Tax Credit (ERTC): Step by Step Instructions with a CPA – February 24, 2021. In this NFIB webinar, CPA and Score Mentor Matt Evans joined …
Employee Retention Tax Credit (ERTC) Explained in 2025 - OnPay
Jan 3, 2025 · Simply put, the Employee Retention Credit (ERC) is a refundable payroll tax credit — created by the federal government — to encourage employers to retain and continue …
What is the Employee Retention Tax Credit? A Guide for 2024
Dec 6, 2023 · The ERC is a pandemic relief tax credit that gives qualifying businesses up to $26,000 per W-2 employee. Even though it is termed a tax credit, you can get paid in excess …
Employee Retention Tax Credit (ERTC) [What Companies Should …
Dec 20, 2021 · For 2021, eligible employers can get a credit equal to 70 percent of qualifying wages per quarter. The maximum credit per quarter is $7,000 per employee. The …