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Chances are you’ve already heard of the PPP, because who hasn’t? But have you heard about the ERC? It stands for Employee Retention Credit, and it’s a program under the CARES Act that similarly helps business owners bounce back from COVID but in a totally different way. Under this program, a business that has retained employees during COVID can get a substantial amount of compensation per employee. How does one get hold of this program? Who is eligible? Lee Gillispie returns on the show with David Lykken to tell us more.
By David Lykken4.8
2020 ratings
Chances are you’ve already heard of the PPP, because who hasn’t? But have you heard about the ERC? It stands for Employee Retention Credit, and it’s a program under the CARES Act that similarly helps business owners bounce back from COVID but in a totally different way. Under this program, a business that has retained employees during COVID can get a substantial amount of compensation per employee. How does one get hold of this program? Who is eligible? Lee Gillispie returns on the show with David Lykken to tell us more.

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