The Employee Retention Credit (ERC) program is a valuable tax incentive designed to help businesses retain employees during challenging times. This program was introduced in response to the COVID-19 pandemic, and it provides eligible businesses with a refundable tax credit of up to $26,000 per W2 employee. To qualify for the ERC, businesses must meet specific criteria related to suffered losses, business restrictions faced in 2020 and 2021, shutdowns, revenue declines, and forced suspension of operations. The program has undergone several updates and extensions since its inception, making it a valuable resource for businesses in need of financial support. At Jenkins Law Firm, our experienced team is equipped to help businesses navigate the complexities of the ERC program and maximize their benefits.