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Employee Retention Credit (ERC): This is a monster to understand. Is it worth it?

The Employee Retention Credit (ERC) is a tax credit developed in 2020 as a temporary coronavirus-relief provision to assist businesses through the pandemic. It has since gone through several revisions and has provided billions of dollars in tax relief for businesses. All wonderful intentions, but like many of these relief efforts, there are stipulations around qualification and required documentation to take advantage of it. We recommend talking with your tax preparer to determine your potential eligibility. We also recommend reading this article originally published by Forbes and republished by Alliant Group for some great pointers to help get you started. Read here.