The Employee Retention Tax Credit: What Booksellers Need to Know
Businesses that have taken out a Paycheck Protection Program (PPP) loan are now eligible for the Employee Retention Tax Credit (ERTC), which was originally permitted in 2020 by the CARES Act. Detailed information on the credit, especially relevant for bookshops, is provided below. Talk to your payroll service and accountant as soon as possible if …
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