Did You Pay Employees While Your Business Was Inoperable Due to Hurricane Harvey? If so, You May Be Eligible for the Employee Retention Tax Credit
The nation’s 2018 tax season is underway. The Internal Revenue Service (“IRS”) began accepting return on January 29, 2018 and the tax deadline is April 17, 2018. In preparing to file tax returns, businesses owners should consider whether their business is eligible for a tax credit under the Disaster Tax Relief and Airport and Airway Extension Act of 2017 (“Disaster Tax Relief Act”), which became law on September 29, 2017. Continue reading