By Judah LaVine, Partner


Too often available tax credits are not identified or even looked into as they are often too specialized or unknown to businesses and their accountants. But in today’s business climate, taking full advantage of available tax credits and incentives is imperative to keeping your business thriving. Here are a few tax credit strategies that have saved California employers millions of dollars
EMPLOYEE RETENTION TAX CREDIT

The Employee Retention Tax Credit (ERTC) is a federal tax credit created under the CARES Act, and subsequently updated through the American Rescue Plan Act of 2021 (ARPA). Created to help businesses avoid layoffs during the coronavirus pandemic, the ERC offers a refundable payroll tax credit to both for-profit and non-profit eligible business. Any business that: