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You may or may not have heard about the Employee Retention Credit (ERC), one of the CARES act programs that helps small businesses affected by COVID-19. The ERC can get your company up to $26,000 per W-2 employee.
Claiming the credit requires advanced knowledge in both taxation and payroll, so many CPAs and accountants are not aiding their clients in obtaining these funds. There are a number of ways to qualify including, but not limited to; materials disruptions, COVID related shutdown or restrictions, reduction in revenue, restriction of gatherings.
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