Tag: CDTFA

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Understanding How the Employee Retention Tax Credit (ERTC) Works

The Employee Retention Tax Credit (ERTC) has emerged as a pivotal relief measure for businesses navigating the challenges posed by the COVID-19 pandemic. Designed to incentivize employers to retain their employees despite economic downturns, the ERTC offers significant financial support through tax credits. Here’s a comprehensive look at how the ERTC operates and its implications…