Employers Eligible for the Employee Retention Credit

The inception of the Employee Retention Credit was made possible after the passing of the CARES ACT 2020 and since then, it has undergone some significant modifications on the type of employers who can claim it. The IRS acts as a critical authority on laying down the rules of eligibility in 2020 and 2021 under the Notice […]

What Wages Qualify When Calculating the Employee Retention Credit?

The essence of the Employee Retention Credit is to incentivize employers to retain their employees on the payroll. The passing of the CARES Act 2020 mandated that eligible employers could claim certain tax percentages against 50% of qualified wages up to $10,000 per employee provided their business was financially affected due to COVID-19 for wages […]

How to Keep Your Applicant and Employee Data Secure

As an employer, you need to collect information from your applicants and employees. The information could be Social Security Number (SSN), date of birth and medical records, and other crucial information provided during employment. But once you gather the sensitive data, you have the responsibility to protect it. But that may be harder than most […]

ERC Overview: Understanding the Employee Retention Credit

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES), was passed to enable businesses to access the Employee Retention Credit (ERC) as a cushion against losing employees. This came as a protective measure in the wake of the Covid-19 crisis, where businesses and organizations were facing a downshift in their operations following closure […]

Indiana Labor Law: The New Youth Employment System (YES)

The Indiana Department of Labor is committed to supporting both employers and employees in Hoosier workplaces to promote health and safety standards. The department dedicates its many resources to guide employers and employees on rules and regulations to ensure adherence to every Indiana labor law. On May 4, 2021, the department announced its new Youth […]