Area News

What is the Employee Retention Credit (ERC), and how does the program work?

When the Covid-19 pandemic began, and businesses were forced to shut down their operations, Congress passed programs to provide financial assistance to companies. One of these programs was the Employee Retention Tax Credit (ERC) The ERC gives eligible employers payroll tax credits for wages and health insurance paid to employees.

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Groesbeck Journal

P.O. Box 440
Groesbeck, TX 76642
Phone: 254-729-5103
Fax: 254-729-0362