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Tiffany Weber

Tiffany Weber

Member

American looking for information about Brazil

Forum posts

1

About me

American

Registration: 11 August 2023

Activity

Tiffany Weber replied to a thread
last year
braindennis395

Are ERC credits taxable income? by braindennis395

Covid has already become a disaster for the entire world. But Fortunately, ERC credit is a great initiative but is it taxable?

Tiffany Weber

While the ERC is technically not taxable income in and of itself. ERC will affect your payroll deduction. As a business or employer taking employee retention credits, you must reduce your payroll expenses deduction by the amount of ERC claimed. To ... Read More