This week on IHAQ, we welcomed Catherine Tindall, CPA, Strategic Tax Planner, and Partner at Dominion Enterprise Services.
We asked Catherine, what tax programs are out there that companies may not be aware of?
Catherine brought up the Employee Retention Credit. This is a $10,000 per employee per quarter credit for companies affected by COVID during the pandemic.
It’s well worth consulting a tax professional about this credit and the options if your business was negatively impacted during COVID. Some of these tax programs are incredibly powerful and can make a huge impact on your bottom line.
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