Navigating CARES Act Tax Credits
Author | : Yvonne Forbes |
Publisher | : Independently Published |
Total Pages | : 0 |
Release | : 2023-12-07 |
ISBN-10 | : 9798870928371 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Navigating CARES Act Tax Credits written by Yvonne Forbes and published by Independently Published. This book was released on 2023-12-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gaining insight into the Employee Retention Credit (ERC) and the Self-Employed Tax Credit is essential. The ERC is designed to assist employers, specifically in keeping their staff during the COVID-19 pandemic. In contrast, the Self-Employed Tax Credit is intended to help independent contractors and freelancers who have experienced a loss of income. Although both credits offer financial support, they have distinct differences in terms of who is eligible and how to apply.