What Is the Employee Retention Tax Credit and Who Can Apply for It?

The Employee Retention Tax Credit (ERTC) is a refundable tax credit designed to help businesses retain their employees during the COVID-19 pandemic. It was introduced as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020 and was extended through 2021 by subsequent legislation. In this essay, we will examine the ERTC […]