ERC (Employee Retention Credit) is a tax credit that is 100% refundable for eligible businesses that kept employees on the payroll during the pandemic. The ERC is claimed by filing amended employment tax returns (Forms 941-X) for any applicable quarters for 2020 and 2021. ERC is not reported as gross income, but it does reduce the amount of wage or salary expenses you can claim as a deduction in your income tax return = to the amount you qualified for through the ERC.
To apply for your ERC please visit: [ Ссылка ]
IRS website on ERC: [ Ссылка ]
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