If your business claimed the Employee Retention Credit (ERC), keeping the right documents is not optional. It is one of the most important responsibilities you have after filing your claim. Many business owners think that once they receive their ERC refund, the process is finished. That is not true. The...
Common ERC Filing Mistakes That Trigger IRS Audits (and How to Avoid Them)
Most businesses unknowingly commit errors when submitting Employee Retention Credit (ERC) claims, raising the risk of an IRS audit. These include miscalculating wages, misinterpreting rules on eligibility, and failing to provide the right documents. Having proper knowledge regarding these mistakes and how to sidestep them safeguards your business against penalties...
ERC vs. PPP: Which Payroll Relief Is Right for Your Business?
The COVID-19 pandemic disrupted nearly every aspect of business operations, especially for small and mid-sized companies struggling to meet payroll during lockdowns and unpredictable market conditions. The Paycheck Protection Program (PPP) and the Employee Retention Credit (ERC) were two of the most significant financial relief initiatives that the U.S. government...
Employee Retention Credit (ERC): What It Is and How It Works
Learn what the Employee Retention Credit (ERC) is, how it works, who qualifies, and how to file or correct a claim before the 2025 deadline.