This is an excerpt of an article on healthsurgeon.com
During the upheaval caused by the COVID-19 pandemic, the U.S. federal government introduced the Employee Retention Credit (ERC). This initiative was not a loan requiring repayment, but a refundable federal tax credit. The goal? Encourage businesses to keep their employees on the payroll amidst challenging times.
Despite the Employee Retention Credit program’s official conclusion in 2021, businesses can still file for funds. If you are uncertain about the process, professionals like Credit League can help. Their team of attorneys and CPAs is well-equipped to help businesses navigate the intricacies of ERC claims and maximize their return.