Importance of Refining Costs

Importance of Refining Costs Creating a budget is a very important preliminary step in owning a business. To use your budgets effectively, you will need to review and revise them frequently. This is particularly true if your business is growing and you plan to move into new areas. Budgeting enables you to be flexible and…

Gross Receipts Safe Harbor for Employers Claiming ERC

Gross Receipts Safe Harbor for Employers Claiming ERC Safe harbor is now available that allows employers to exclude certain items from their gross receipts solely for determining eligibility for the Employee Retention Credit (ERC). These amounts are: The amount of the forgiveness of a Paycheck Protection Program (PPP) Loan; Shuttered Venue Operators Grants under the…