Economy

The Employee Retention Tax Credit has been a welcome lifeline to many struggling businesses and those most significantly impacted by the economic uncertainty around the COVID-19 pandemic.

Employers added 742,000 jobs last month, according to payroll giant ADP, as the economy bounces back despite the pandemic.

The numbers reflect a strong bounce back in the economy as companies emerge from the COVID-19 pandemic.

The Small Business Administration plans to begin accepting applications Monday for a new program to help hard-hit restaurants reopen during the pandemic, and some firms are preparing clients to apply.

The updated early draft versions will be used by pass-through businesses to report foreign tax information.

Despite the pandemic, small businesses in the United States are on the road to recovery, according to a new report from Intuit.

Small businesses are gaining more revenue this year despite the lingering challenges from COVID-19 and reversing last year’s losses, according to a report from Intuit’s QuickBooks unit.

Two members of the Senate Finance Committee released a discussion draft of a bipartisan energy tax credit bill Monday that could represent a path forward for Republicans and Democrats.

The Small Business Administration is also going to retry a launch of its Shuttered Venue Operators Grant program.

The PPP gets most of the headlines, but the ERC helps businesses garner substantial tax savings. Can employers qualify for both programs?