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Our 2023 Corporate Cup Presenting Sponsor, Omega Accounting is the leading expert in government tax credits and ERC claims.
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What is the employee retention credit?
In response to the many challenges faced by small businesses during the coronavirus pandemic, Congress passed relief legislation including the Employee Retention Credit. This refundable government tax credit* allowed employers to continue to pay staff working during the worst of COVID-19.
*Though the ERC started as a tax credit, you will receive a refund check from the IRS