BONUS: Understanding the Employee Retention Credit (ERC) for Manufacturers
Manufacturing Happy Hour · Chris Luecke
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Show Notes
We talk a lot about ways manufacturers can save money and grow their business on Manufacturing Happy Hour...digital transformation, process optimization, all of that.
Sometimes it makes sense to talk about the basics. While tax credits aren't necessarily "sexy," they can impact your balance sheet. Today we're focusing specifically on the Employee Retention Credit.
So how's this credit work? To answer that, we're bring back Josh Fox, CEO of Bottom Line Concepts, who appeared on Episode 15 of the show. In this bonus episode, Josh is going to take us through the Employee Retention Credit is, who qualifies, how it works, and how it can result in saving of 6 to 7 figures for small- to mid-sized manufacturers.