History of the Employee Retention Credit (ERC)
The ERC Story: From Double Benefits to IRS Warnings The Employee Retention Credit (ERC) had a humble beginning inside the CARES Act in March 2020.1 At inception, you had to make a choice: claim the ERC of up to $5,000 per eligible employee or take out a forgivable loan under the Paycheck Protection Program (PPP). … Read more