5 EASY FACTS ABOUT ERTC STATUS DESCRIBED

If SBA forgave the loan, companies can’t claim the ERC on wages that they noted as payroll fees to get PPP loan forgiveness. Participating in the PPP influences the amount of certified wages used to compute the ERC. Payroll expenditures up to the amount SBA forgave aren’t qualified for ERC. Taxpayers can use the remainder of their capable wages