ERC Newsroom
IRS Updates, Tax Tips, and Program Information. Anything you want to know to help your business get the money is deserves you can find right here.
Declared Disasters
Understanding when IRS can offer disaster-related tax relief; special tax provisions kick in for individuals and businesses impacted by federally declared disasters
Each year, the nation sees dozens of major disasters or emergencies happen in different parts of the country. The Internal Revenue Service makes it a priority to help taxpayers and businesses in need,... ...more
Declared Disasters
June 13, 2024•2 min read
Disaster assistance available for Georgia counties affected by severe storms
Businesses and residents affected by the severe storms, straight-line winds, and flooding on April 2, 2024, in Dekalb, Gwinnett, Henry, Newton, Rockdale, and Walton Counties can now apply for low-inte... ...more
Declared Disasters
May 03, 2024•2 min read
Natural disaster declared in Georgia after exceptional drought
More than 30 counties in Georgia have been designated as “primary natural disaster areas” by the United States Department of Agriculture (USDA), in the wake of severe droughts across the state. The ar... ...more
Declared Disasters
April 18, 2024•3 min read
Natural Disasters
Crafting a Public Relations Strategy After a Disaster
Whether it’s a natural disaster, a cyberattack, or an internal crisis, how your business communicates during and after the event can shape its reputation for years to come. A well-crafted public relat... ...more
Natural Disasters
January 23, 2025•5 min read
Business Lessons Learned from Major Flood Events
Major flood events teach valuable business lessons about preparedness and resilience. From creating comprehensive disaster recovery plans to investing in flood insurance and reinforcing infrastructure... ...more
Natural Disasters
January 16, 2025•5 min read
Resources Available to Help Businesses Rebuild After Wildfires
Wildfires can leave a trail of destruction, disrupting communities and forcing businesses to face immense challenges. From physical damage to financial instability, recovery can be an uphill battle fo... ...more
Natural Disasters
January 13, 2025•5 min read
Disaster Readiness
ERTC Refund Delays: Why They Happen and What You Can Do.
The Employee Retention Tax Credit (ERTC) has been a financial lifeline for businesses that kept employees on payroll during the COVID-19 pandemic. However, many businesses that applied for ERTC refund... ...more
Program Updates ,Disaster Readiness
February 28, 2025•5 min read
ERTC for Essential vs. Non-Essential Businesses: Are You Eligible?
The Employee Retention Tax Credit (ERTC) was created to help businesses that continued to pay employees during the COVID-19 pandemic. While many business owners assume that only non-essential business... ...more
Disaster Readiness
February 19, 2025•5 min read
How Full and Partial Suspensions Affect Your ERTC Eligibility
Did your business experience a full or partial suspension due to government orders? Understanding how these suspensions impact your Employee Retention Tax Credit (ERTC) eligibility is crucial. In thi... ...more
Disaster Readiness ,Disaster Recovery
February 14, 2025•5 min read
Disaster Recovery
How to Secure Temporary Business Locations After Damage
When disaster strikes, businesses often face a difficult decision: pause operations or find a temporary location to continue serving customers. Whether due to a hurricane, fire, flood, or other unexpe... ...more
Disaster Recovery
March 13, 2025•5 min read
How Full and Partial Suspensions Affect Your ERTC Eligibility
Did your business experience a full or partial suspension due to government orders? Understanding how these suspensions impact your Employee Retention Tax Credit (ERTC) eligibility is crucial. In thi... ...more
Disaster Readiness ,Disaster Recovery
February 14, 2025•5 min read
ERTC vs. PPP: How They Work Together and Key Differences
Choosing between the Paycheck Protection Program (PPP) and the Employee Retention Credit (ERTC) can feel like standing at a crossroads. While both programs were designed to provide financial relief, t... ...more
Disaster Readiness ,Disaster Recovery
February 06, 2025•5 min read
ClimateTech
How AI and Tech Can Help Mitigate the Climate Crisis
As climate change continues to pose an urgent threat to our environment, technology and artificial intelligence (AI) are emerging as powerful tools to combat the crisis. ...more
Climate Tech
November 03, 2024•7 min read
How Tech Companies Are Tackling Climate Change
As climate change becomes an increasingly urgent global issue, many industries are stepping up to contribute solutions, and the tech sector is at the forefront of these efforts. With their deep resour... ...more
Climate Tech
October 31, 2024•7 min read
Why Generative AI is Bad for the Climate
Generative AI, despite its transformative potential, has a significant environmental cost due to its high energy demands. This blog explores how AI models contribute to climate change and discusses in... ...more
Climate Tech
October 22, 2024•7 min read
Program Updates
ERTC Compliance: How to Avoid IRS Penalties and Audits
ERTC Compliance: How to Avoid IRS Penalties and Audits The Employee Retention Tax Credit (ERTC) can be a financial lifeline for businesses, but improper claims can trigger IRS penalties and audits. ...more
Program Updates
March 21, 2025•6 min read
How to Retroactively Claim the ERTC for 2020 and 2021
The Employee Retention Tax Credit (ERTC) was one of the most significant relief programs for businesses impacted by the COVID-19 pandemic. However, many business owners missed out on claiming ERTC whe... ...more
Program Updates
March 17, 2025•5 min read
ERTC for 2020 vs. 2021: What Changed and Why It Matters
The Employee Retention Tax Credit (ERTC) was introduced to help businesses retain employees and recover from the economic impact of the COVID-19 pandemic. However, not all ERTC rules remained the same... ...more
Program Updates
March 11, 2025•5 min read
IRS Updates
Breaking Down the Latest Republican Tax Proposals for 2025
On January 17, 2025, reports emerged detailing a list of tax proposals circulated by Republican members of Congress. These proposals suggest significant changes to individual, corporate, and nonprofit... ...more
Tax Tips ,IRS Updates
February 19, 2025•3 min read
IR-2024-284: IRS hires new Associate Chief Counsel to focus on partnerships and other passthrough entities
The Internal Revenue Service today announced the selection of the first Associate Chief Counsel for the newly created Passthroughs, Trusts and Estates office that will focus exclusively on partnership... ...more
IRS Updates
October 31, 2024•1 min read
IR-2024-280: Treasury and IRS issue guidance for the energy efficient home improvement credit
The Department of the Treasury and the Internal Revenue Service today issued Revenue Procedure 2024-31 and proposed regulations to provide guidance for the energy efficient home improvement credit. ...more
IRS Updates
October 31, 2024•2 min read
Tax Tips
Breaking Down the Latest Republican Tax Proposals for 2025
On January 17, 2025, reports emerged detailing a list of tax proposals circulated by Republican members of Congress. These proposals suggest significant changes to individual, corporate, and nonprofit... ...more
Tax Tips ,IRS Updates
February 19, 2025•3 min read
Tax Tip 2024-84: Essential resources to rebuild records after a natural disaster
It may be important for victims of a disaster to reconstruct their tax and financial records to help prove and document their losses so they can get federal assistance or insurance reimbursement. ...more
Tax Tips
October 16, 2024•2 min read
Tax Tip 2024-83: IRS offers tax relief after major disasters
Disaster relief can be authorized by the IRS when certain criteria from the Federal Emergency Management Agency are met. ...more
Tax Tips
October 15, 2024•3 min read
ERC Company News
Checklist for Safeguarding Valuable Documents
In any business, certain documents are critical to operations and compliance. These can include legal contracts, financial records, insurance policies, and other sensitive information. ...more
ERC Company News
September 15, 2024•4 min read
Employee Retention Tax Credit (ERTC) Claims Under Scrutiny: Key IRS Developments Explained
The IRS has recently ramped up its scrutiny of Employee Retention Tax Credit (ERTC) claims, issuing several significant updates that could affect your business. These developments highlight the import... ...more
ERC Company News
August 30, 2024•3 min read
Hear What Our Clients Say
Job Search Agency - FL
"The Economic Recovery team was outstanding with our ERC tax credit. They were highly communicative, very thorough, and their attention to details provided us comfort should anything need to be reviewed. We are recommending them to other companies we do business with as well."
Veteran Non-Profit - IN
"Thank you so much for providing your service. As a non-profit the majority of our help is volunteer. We didn't think we would qualify for this program. Thanks to your team we not only qualified, we will also make up for our shortfall from our last 2 years of little activity in our Donor Campaigns."
Medical Facility - FL
"As an essential business there was no thought to applying for the Employee Retention Credit program. Once we explored all of the various companies providing the same service, we knew we made the right decision when they asked to speak with our in-house legal department first, not just pushing a contract."
Tech Firm - NY
"Our CPA said we did not qualify because we broke even in 2020 and made money in 2021 even though we had to change our entire business. When we spoke with Economic Recovery we found out that we qualified and had ERC available above our 2 PPP grants, we were amazed. They understand this program inside and out."
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