Category: Accounting & Bookkeeping

  • Non-Profits and the Employee Retention Credit

    Non-Profits and the Employee Retention Credit

      The employee retention credit (ERC) is a form of government assistance created under the Coronavirus Aid, Relief and Economic Security (CARES) Act to help businesses and organizations keep employees on their payroll during the pandemic.  While the credit provided an opportunity for substantial savings for non-profit organizations, these organizations now need to properly account…