Congress passed the CARES Act on March 27, 2020, just two weeks after COVID-19 was declared a pandemic. The intent of the legislation is to aid businesses that experienced certain financial declines or business operations limitations as a result of the pandemic yet continued to retain employees. If you still supported your employees through financial or operational challenges during the COVID-19 pandemic , you may be eligible for the CARES Act ERC. It is a fully refundable payroll tax credit.

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