Finance ERC Blog Posts

Waiting months, even more than a year, for an ERC refund from the IRS has gotten increasingly common. Most small business owners are reporting wait times of 10-12 months before they get their Employee Retention Credit refund.

Just like in the classic story of Charlie and the Chocolate Factory, where a lucky few find a golden ticket in their candy bars and win a tour of Willy Wonka’s magical chocolate factory, business owners may have the opportunity to unlock a valuable reward by taking advantage of the ERC.

Do you know about the best-kept secret of the CARES (Coronavirus Aid, Relief and Economic Security) Act? This secret is a tax credit called the Employee Retention Credit, which is commonly referred to as ERC or ERTC.  Does your business qualify?

Businesses and nonprofits say the employee-retention tax credit was a valuable lifeline, but they are struggling to get the money.