How Using Both the Employee Retention Tax Credit and PPP Loans Can Maximize Your Cash Flow
In short, because the employee retention tax credit (ERTC) has been expanded and extended under new laws. The second round of PPP loans are available, and loan forgiveness is simplified – borrowers can allocate PPP loan proceeds to qualifying operating expenses (instead of just wages) and claim the ERTC, too! Now, let’s review the Employee …