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0:56
YouTube
Community CPA
Claiming The Employee Retention Credit
To claim the ERC, you either do it while you're filing a 941. So claim your 941 if your 941 is not filed yet. So the credit can be claimed by reducing your payroll taxes sent to IRS. If the credit exceeds the payroll taxes you can request a refund. So you can do it that way. And we have quite a few clients we actually did it that way for them ...
1.5K views
Sep 28, 2022
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#Employee Retention Credit Explained
The Employee Retention Credit is a very misunderstood program for small businesses. Virtually no one knows about it. I'm trying to change that by getting the message out every way I can. If you're a small business owner with 5-500 employees, you MUST take advantage of this program. It's NOT a loan but rather a credit from the government on your W2 Payroll. The program is starting to gain momentum because it's set to END in 23 months. Go to www.wondertrust.com to find out more! #smallbusiness #er
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May 4, 2023
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