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Posts tagged as “Consolidated Appropriations Act”

Employee Retention Tax Credit – The Little Known Tax Benefit


If your business was impacted by COVID-19, there is a significant amount of unclaimed money quite possibly waiting for you.  The amount is up to $19,000, and Congress is looking to increase it with the next stimulus act.  But why have you not heard of this? Back when the CARES Act was signed by the President on March 27, 2020, COVID-19 was expected to be short-lived (remember the “15 Days to Slow the Spread” plan?) thus, the benefits were to provide short-term relief.  There were a few different major benefits in that Act, but a business was only able to…