If your company hasn’t claimed your ERTC refund yet, time is running out. The ERTC (Employee Retention Tax Credit) was created under the CARES Act to reward businesses that retained employees during the COVID-19 pandemic. The ETRC provides up to $5,000 per employee during 2020 and up to $7,000 per employee per quarter for the first three quarters during 2021 for up to $26,000 per employee.
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