
Can You Apply for an Employee Retention Credit After Receiving a Payment Protection Program Loan?
During the pandemic, employee retention became a widespread problem amongst businesses. Between 2020 and 2021, Congress passed legislation that assisted businesses during the financial downturn. Two of these benefits are the Payment Protection Program (PPP) and the Employee Retention Credit (ERC). Although the ERC ended in September 2021, there is still an opportunity to claim this tax credit, even