Part 2/12:
This transformative program is directly tied to the Employee Retention Credit (ERC), a federal tax incentive introduced under the CARES Act, which many small businesses might not even know they qualify for. With Josh’s guidance, business owners can potentially receive hundreds of thousands of dollars, simply by understanding and leveraging this underutilized incentive.
The Current Economic Climate and Its Impact on Small Businesses
The conversation begins with a candid discussion about inflation and economic uncertainty. Josh remarks that the pandemic’s aftermath, including inflation and shifting employment patterns, has caused delays and disruptions in various sectors such as commercial real estate and retail.