The Federal Employee Retention Credit (ERC) & How it Can Help Bring You Out of a Cash Flow Slump

Posted by George Chahinian on July 12, 2021

Has the Government-mandated Covid shutdown brought your cash flow to a halt? Have you been able to operate, but still haven’t been able to get your revenues up to the level they were at before all the lockdown madness of 2020?  Here's a brief overview of how the federal Employee Retention Credit (ERC) can get you up to $33,000 (per employee) in refundable federal tax credits through the end of 2021.

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Tags: Accounting, COVID, Employment Tax, business, cash flow, Employee Retention Credit, payroll, ERC