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What is Employee Retention Credit (ERC)?
The Employee Retention Tax Credit (ERTC) is an IRS tax credit designed to help small businesses retain their employees during these difficult times. The credit refunds payroll costs already spent.

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There is no need to pay back the ERTC, and is in a sense, similar to the stimulus check that the everyday taxpayer received. Any business structure under 500 employees can potentially qualify. This includes even non-profits and start-ups.
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