Employee retention tax credits (ERTC) are a form of financial incentive offered by the government to businesses that retain and continue to pay their employees during the COVID-19 pandemic. These credits are designed to help businesses cover the costs of keeping their employees on payroll, even during periods of economic hardship. […]
WASHINGTON — The Internal Revenue Service today advised that high-deductible health plans (HDHPs) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status. This also means that an individual with an HDHP that covers these costs may continue to contribute to a health savings account (HSA). In Notice […]
