Recent Post
What wages count for employee retention credit?
Consequently, each of them is eligible to receive the employee retention credit only for wages paid to an employee who...
How are erc credits refunded?
The credit will be refunded to the employer when they file their annual tax return. The ERC was a tax credit in which...
Do employees qualify for employee retention credit?
The employee retention credit under the CARES Act encourages companies to keep employees on their payroll. These FAQs are ...
What is the journal entry for the employee retention credit?
Employee Retention Credit According to the IRS, the amount of this credit must be recorded as a reduction in deductible...
Is there a minimum number of employees to qualify for erc?
Eligible employers are entitled to an employee retention credit based on the qualified wages paid to their employees. For ...
Can you file an amended return for employee retention credit?
Taxpayers can still apply for the employee retention credit on amended returns, an IRS lawyer said on Saturday. According ...
What is the deadline to file 941x for erc?
Employers can file Form 941-X up to three years after the original payroll tax due date, which is normally April...
How do you categorize employee retention credit?
Employee Retention Credit According to the IRS, the amount of this credit must be recorded as a reduction in deductible...
