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Small Business on Covid
Small businesses comprised 99.9% of the total businesses in the USA, thus employing 47.3% American private workforce. These small businesses were severely hit due to COVID-19 restrictions in America. Almost 34% of small businesses have been closed as compared to that of January 2020.
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Corona virus shackled
Where Corona virus shackled the foundations of many great empires, it also devastated a number of small businesses across the globe. Those who were already surviving just on their petty budgets and customer demand faced great downfalls due to COVID-19 pandemic.
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Impact of COVID
Of course. The challenge is the ERC credit is taken on your payroll returns and not through your business income tax returns, which is what most CPA’s handle.Of course. The challenge is the ERC credit is taken on your payroll returns and not through your business income tax returns, which is what most CPA’s handle.
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