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.

Latest News and Updates

The Importance of Data Backups in Business Recovery

The Importance of Data Backups in Business Recovery

Published on: 29/04/2025

When disaster strikes, lost data can mean lost revenue, lost customers, and lost trust. That’s why data backups are a critical part of any business recovery plan. From protecting financial records and customer information to restoring operations quickly, reliable backups ensure your business can bounce back with minimal disruption. In this post, we break down why data backups matter, what types to consider, and how to implement a system that keeps your business protected.

Program Updates
ERTC for Restaurants and Hospitality Businesses: Maximizing Your Claim

ERTC for Restaurants and Hospitality Businesses: Maximizing Your Claim

Published on: 17/04/2025

To help offset these losses, the federal government introduced the Employee Retention Tax Credit (ERTC)—a refundable payroll tax credit aimed at helping employers retain staff and survive economic hardship. If you’re in the restaurant or hospitality business, the ERTC could mean tens or even hundreds of thousands of dollars back in your pocket. But claiming the full amount you’re eligible for requires knowing the rules—and how to apply them to your specific circumstances.

Program Updates
ERTC and Employer Retention: Why the IRS Encourages Long-Term Workforce Stability.

ERTC and Employer Retention: Why the IRS Encourages Long-Term Workforce Stability.

Published on: 16/04/2025

While the ERTC was designed as a financial lifeline during the crisis, it also carried a deeper message from the IRS and federal policymakers: employee retention is key to economic recovery and long-term business resilience.

Program Updates
ERTC and the Aggregation Rules: How Parent and Subsidiary Businesses Are Impacted

ERTC and the Aggregation Rules: How Parent and Subsidiary Businesses Are Impacted

Published on: 08/04/2025

The Employee Retention Tax Credit (ERTC) has been a powerful tool for helping businesses retain employees and recover from COVID-19-related disruptions. However, for businesses with complex ownership structures—particularly parent companies and subsidiaries—the ERTC eligibility rules can get complicated quickly.

Program Updates