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Tackling False Claims for the Employee Retention Credit: What Businesses Need to Know

As part of the response to the COVID-19 pandemic, the US government introduced the Employee Retention Credit (ERC) to encourage businesses to keep their employees on payroll. However, there have been reports of false claims related to the credit, prompting

American Financial & Tax | ERC AI Processing Software

Understanding ERC IRS Warnings: Why American Financial and Tax’s AI Software is a Game-Changer for Business Owners The Employee Retention Credit (ERC) is a provision of the CARES Act designed to help businesses keep their employees during COVID-19. It allows

ERC Supply Chain Issues

The Employee Retention Credit (ERC) program is a tax credit designed to help businesses keep their employees on payroll during the COVID-19 pandemic. The ERC is available to businesses that have experienced a significant decline in revenue or that have

What’s your single most important best practice when it comes to data loss prevention?

A comprehensive data loss prevention strategy is essential for any organization that wants to protect its sensitive data and ensure the continuity of its operations. There are several key best practices that companies can follow to minimize the risk of

American Final Tax at North Tampa Bay Chamber

We are happy to announce that, American Financial Tax is now proud member of North Tampa Bay Chamber.

What are the biggest employee retention challenges in 2023?

Employee retention is a critical issue for companies of all sizes and in all industries. In 2023 and beyond, there are several key challenges that companies may face in trying to retain their top talent. One of the biggest challenges

Who Can Claim R&D Tax Credits?

Any U.S. company, regardless of size or industry, that has conducted qualified research and development activities may be eligible to claim the R&D Tax Credit. The credit is available for small businesses, large corporations, non-profits, and start-ups who all meet

What is Eligible for R&D Tax Credits?

The US government offers a variety of tax incentives for businesses that invest in innovation. These include the Research & Development Tax Credit (R&D), which provides an immediate federal income tax credit against taxes owed equal to 20% of qualified

What are U.S. R&D Tax Credits?

R&D Tax Credits are federal and state tax incentives that U.S. businesses can take advantage of to offset research and development costs. These credits give businesses a dollar-for-dollar reduction in the amount of taxes they owe, based on what their

R&D Tax Credits – What Can Be Claimed

In the U.S., R&D tax credits are available to help offset the cost of conducting research activities. Companies that perform research and development in areas like engineering, software development, product design and more may be eligible for R&D tax credits.