New Tax Credit Helps Small Businesses Keep Staff During Pandemic

​The federal government’s Paycheck Protection Program (PPP) has received overwhelming interest from small businesses impacted by the coronavirus pandemic—funds even ran out at one point—but it’s not the only game in town."While struggling businesses have grappled with the complex qualification and application rules of the PPP, those businesses

should also consider the employee retention credit (ERC)," said Rick Cox, a corporate attorney with Nixon Peabody in New York City and member of

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