"There is a substantial tax benefit for the companies of audiologists and hearing aid specialists that may be overlooked by even the best accountants. Unfortunately, and somewhat surprisingly, not all CPAs know about or take advantage of this money-saving opportunity, which has been on the books for almost 40 years..."
"When I ask business owners and CFOs I work with if they are aware of the Employee Retention Credit (ERC) as part of the CARES Act, many tell me: 'Oh yes, we got all that.' But when I question them further, it often turns out they only applied for and got the Paycheck Protection Program (PPP) loans, and were unaware of the additional ERC available to them..."
"CFOs and business owners, take note: You may be missing out on a substantial tax benefit for your company. “Impossible” you might insist, adding, 'I have a really good tax accountant.' Unfortunately and somewhat surprisingly, not all CPAs know about or take advantage of this money-saving opportunity, which has been on the books for almost 40 years..."