The landmark $2.2 trillion CARES Act passed by Congress was designed to try and help support U.S. businesses and workers during the Coronavirus pandemic. The massive legislation includes an array of financial incentives and loan programs for business owners, including people who own startup businesses. One of these provisions is the Employee Retention Payroll Tax Credit. This credit is designed to help businesses, including startups, retain employees, even in the face of steep declines in…
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