The Employee Retention Tax Credit (ERC) is a payroll tax credit that can potentially eliminate your business payroll tax or generate a cash refund. For most businesses, this is one of the largest federal financial incentives available, providing up to $26,000 per employee. 40% of businesses are not aware of the CARES Act ERC. If your business has been affected by the pandemic, RPA is happy to connect you with a team that will help navigate the qualification requirements and help you obtain these credits.
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