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Archive for the Accounting Tips Category

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Beware Aggressive Employee Retention Credit “Mills”

On October 4, 2022   /   Accounting Tips, Business Tips, Tax  

To help small businesses keep employees on their payroll during the pandemic, Congress introduced the Employee Retention Credit (ERC) in 2020, which is a tax credit that can be claimed on the quarterly payroll tax reports. Since its inception, additional laws have modified the qualifications, and it

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