ERC is a payroll tax refund that incentivizes businesses to keep employees on their payroll. While the original COVID-19 relief bill only allowed companies to take either PPP or ERTC, a new credit version will enable businesses to claim both.

A qualified professional service can help you navigate this complicated process. They can evaluate your eligibility, collect all the necessary documents, and offer program expertise that a regular CPA or payroll processor might need to have.

What is the ERC?

The ERC is a refundable payroll tax credit established in the CARES Act. This credit is treated like a refund and can return up to $26,000 per retained employee.

The ERC can help businesses affected by the COVID-19 pandemic, and it is designed to encourage employers to keep their employees on during this difficult time. To qualify, your business must have significantly declined in gross receipts during either 2020 or …

Fidelity Bank offers various banking services that make it the best banks for small business in NC. These include savings accounts, checking accounts, money market accounts, and CDs. They also provide business loans and credit cards.

Fidelity Bank also offers several online and mobile banking apps. Customers can monitor their account balances and transfer funds through these platforms.

Competitive Rates

Fidelity Bank offers competitive rates for both personal and business loans. In addition, they provide auto loans, mortgages, and business loans to help you grow your business. They also offer a variety of online banking options and mobile apps. They also have educational videos designed to help you make the best decisions with your money.

The bank has 58 branches throughout North Carolina and Virginia. It has assets and deposits totaling $2 billion, making it a large bank. Its Texas Ratio is 1.60%, suggesting the bank has a low …

Manage finances is not easy. Even though we have received a salary or income, sometimes it is still difficult to make the money we have continue to grow. Especially if we get the same income but the expenses are getting bigger every month.

The bad habit of us is that we tend to waste money at the beginning and skimp on the last dates. If it continues like that, maybe there won’t be a chance for us to be able to save. To avoid these things, we need planning in managing finances. Here are tips on managing your finances so that your savings continue to grow.

1. Record income and expenses

Often we don’t care about our receipts and expenditure records. Even sometimes at the end of the month we are confused where our money “goes”. By recording income and expenses, we can more easily track our monthly finances. This …