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 | 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...
by Miami CFO | Sep 9, 2022 | Blog
What is the Employee Retention Credit? The Employee Retention Credit is a refundable tax credit included in the Coronavirus Aid, Relief, and Economic Security Act of 2020. The program helps employers offset the cost of retaining employees by providing a payroll tax...
by Miami CFO | Jul 28, 2022 | Blog
There is a lot of confusion surrounding the Employee Retention Credit, and it’s no surprise why. The government has made several changes since rolling out the program in March 2020 under the CARES Act. So, let’s separate fact from fiction and debunk some...
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