Understand the Employee Retention Tax Credits (ERTC)

Employee Retention Tax Credits (ERTC) is a program designed to help businesses which retained their employees during the COVID-19 pandemic by providing a tax credit for wages paid to these employees. The program is available for the 2020 and 2021 calendar years.

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About The Employee Retention Tax Credit (ERTC)?


The ERTC (Employees Retention Tax Credit) is a tax credit offered by the United States government to help businesses that retained their employees during the COVID-19 pandemic. The credit is equal to 50%-70% of qualified wages (up to $10,000 per employee) and is available to employers who have experienced a major decline in gross receipts or have been forced to completely or partially suspend operations due to COVID-19 related restrictions.


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