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EMPLOYEE RETENTION TAX CREDIT - How does the ERC work? $26000 per employee? Is it legit?

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Business Finance Coach

This is the ULTIMATE GUIDE to the Employee Retention Tax Credit (ERC/ERTC)
In this video, explain how the credit works and how you calculate it, including answering the common questions:
0:00 Introduction
1:00 How does the employee retention tax credit work?
5:35 Qualifying for the credit
7:06 What is a recovery startup business? Can you get the credit if you started your business during covid?
8:28 Can I still apply for the employee retention credit in 2022? 2023?
10:00 Who can claim the employee retention credit?
10:26 What if I have more than 1 business? What are the IRS aggregation rules for ERC?
15:05 How long does it take to get the ERC refund?
15:18 Can the owner claim retention credit on their wages?
16:57 Do you have to pay taxes on ERC credit? Is ERC taxable income?
17:31 How does the ERC effect income taxes?
21:07 What is included in ERC qualified wages? What are "qualified wages" for ERTC?
22:14 Can I claim ERC with PPP? How does PPP effect ERC?
22:45 Closing and how I can help you file ERC

Gusto (the payroll software I recommend in the video): https://gusto.com/r/PloJd/?utm_source...
My Paying Workers & Owners course (where you can ask me questions): https://www.bizschool.coach/payingown...

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