The employee retention credit (ERC) was first introduced with the CARES Act in 2020, and subsequent tax bills have made the credit more widely available to businesses.
Employee Retention Credit FAQs
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Business
Retirement Tips for Business Owners
As a business owner, it is easy to imagine how the company you have built can play an essential role in financing your retirement. But do you have a strategy to make the most out of your money? It is easy to put your financial plans on the back burner for the sake of...
Breaking Down the Third COVID-19 Stimulus Bill
President Biden signed the American Rescue Plan Act into law on March 11, 2021, and it contains numerous provisions that impact millions of Americans. Here is a breakdown of the critical features of the Act.
4 Tips for Business Recordkeeping
Recordkeeping is one of your most important responsibilities as a business owner, and success depends on creating and maintaining an effective system. Recordkeeping systems range from simple folder filing to complex online electronic software.
Applying for the Expanded Employee Retention Credit
The latest stimulus bill that passed in December 2020 provides for an expansion of the employee retention credit.
New Round of Grants for Olmstead County Businesses
Rochester Area Economic Development, Inc. (RAEDI) announced they will oversee the Olmsted County State of Minnesota Small Business Relief Grant Program.