by Miami CFO | May 26, 2023 | Blog
The Paycheck Protection Program (PPP) and the Employee Retention Credit (ERC) were both created in response to the COVID-19 pandemic. Both programs were designed to help businesses stay afloat during the economic downturn caused by the pandemic. While the PPP provided...
by Miami CFO | Apr 28, 2023 | Blog
Every year, the Internal Revenue Service (IRS) releases a list of the top tax scams. Known as the “IRS Dirty Dozen,” this list serves as a warning to taxpayers about the most common and egregious tax-related schemes being used to defraud them. Beward of...
by Miami CFO | Apr 15, 2023 | Blog
The Employee Retention Credit (ERC) is a refundable tax credit introduced as part of the CARES Act and expanded by subsequent legislation. While many businesses have received their ERC refunds, others are still waiting. That has many people wondering: How long do...
by Miami CFO | Mar 31, 2023 | Blog
As a component of the CARES Act, the Employee Retention Credit (ERC) was established to provide businesses with a refundable tax credit, encouraging them to retain employees throughout the pandemic. This credit can be significant, and employers with a large workforce...
by Miami CFO | Mar 13, 2023 | Blog
The Employee Retention Credit (ERC) was a crucial support system for numerous businesses during the pandemic. It promised a much-needed financial lifeline to struggling companies as they navigated uncertain times. ERC was designed to encourage businesses to keep...
by Miami CFO | Feb 24, 2023 | Blog
The Employee Retention Credit (ERC) program was part of the initial COVID-19 relief bill of March 2020 to offer financial relief to businesses impacted by the pandemic. The program has been a lifesaver for American companies across virtually all...
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