COVID-19 Business Resources

This is the last planned federal government program to assist small business owners (1-500 employees) financially that were affected by the COVID-19 pandemic. The Employee Retention Credit (ERC) program was created under the Coronavirus Aid, Relief and Economic Security Act (CARES act), as part of the federal government's relief program to encourage and reward business owners that retained employees during the COVID-19 pandemic. Recently this policy was amended to enable business owners to qualify for ERC tax credits even if they received PPP loans. The time period the program covers was also extended from March 22, 2020 to December 31, 2021.