The ERTC program was originally introduced as part of the Cares Act of 2020. This program was later expanded in the Taxpayer Certainty and Disaster Relief Act of 2020.
Businesses can qualify in one of two ways:
Eligible businesses can receive up to $26,000 per employee.
Yes! you may still be eligible for the ERTC even if you received a PPP loan. However, the same wages cannot be used for both programs.
No. the ERTC is not a loan and does not need to be repaid.
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