Navigating Employee Retention Credit: Avoiding Pitfalls for Your Business The IRS has announced “an immediate moratorium through at least the end of the year on processing new claims…to add more safeguards to prevent future abuse and protect businesses from predatory tactics.” While this moratorium is in place, companies that qualify for the Employee Retention Credit can still get ready to apply once the IRS lifts the moratorium. Now is a great time to do research and prepare. As businesses are still striving to recover from the economic impact of the COVID-19 pandemic, government initiatives such as the Employee Retention Credit

ERTC (Employee Retention Tax Credit) Benefits for Home Healthcare Companies! If you’re the owner of a home health care company, you may be wondering if you qualify for the Employee Retention Tax Credit. First of all, this is a specific question to your business and you shouldn’t assume your qualification based on other companies similar to yours. Scenarios that prove qualifying to one business may not apply to your business, even if you work within the same industry. Qualification rules can be extremely specific and can differ based on your geography, clients, and office set up. It’s true that Home

Small Business COVID Relief Act of 2022 legislation The following is a letter regarding the Small Business COVID Relief Act of 2022 legislation May 19, 2022 On Tuesday, Senate Majority Leader Chuck Schumer scheduled a vote on S. 4008, the “Small Business COVID Relief Act of 2022,” adding $40 billion to the Restaurant Revitalization Fund and $8 billion for several small business groups in financial stress. Nearly fifty Democrats will vote for the bill but sixty votes are required. Thus, our lobbying is aimed at persuading fifteen or so Republican senators to support the measure. Under Senator Ben Cardin’s (D-MD)