What is the Employee Retention Credit (ERC) and Does My Business Qualify?
Posted: April 13, 2023 | Authored By*: NEWITY – The pandemic prompted the creation of various programs to support small businesses. While most COVID-19 aid has ended, the Employee Retention Credit (ERC) is still active and available for business owners. In this article, we will outline answers to frequently asked questions about the Employee Retention Credit, [...]
Is Adjustable-Rate Financing Better in a Rising Interest Rate Environment?
Posted: October 28, 2022 | By: LendVer Staff – The question of whether adjustable-rate financing or fixed-rate financing is better may not have you scratching your head—as the benefit of locking in a predictable rate for the long-term may be obvious while the pitfalls of a seemingly volatile rate can be cause for concern. What [...]
How New Businesses Could Claim ERC up to $100K
Posted: March 1, 2023 | Authored By*: NEWITY – New startup businesses that began operations in 2020 or 2021 may be eligible for the Employee Retention Credit (ERC), a significant tax credit worth up to 70% of the total employee wages paid between June and December 2021. The American Rescue Plan Act (ARPA) of March 2021 expanded the ERC program, [...]
LendVer Names NEWITY the 2023 Best Employee Retention Credit (ERC) Company
WILTON, CONNECTICUT, UNITED STATES, February 9, 2023 / — LendVer, the reputable database of vetted business lenders and service providers has finalized its review process for the 2023 Best Employee Retention Credit (ERC) company, and has selected Chicago, IL based NEWITY. NEWITY is a nationwide small business service provider with a mission to help American entrepreneurs [...]
Three ERC Red Flags to Watch For
Posted: January 23, 2023 | Authored By*: NEWITY – Not all Employee Retention Credit (ERC) processing companies are equal. Here are three ERC processing red flags that you should never ignore. While ERC can result in meaningful cash back for many companies, this simple calculation below can help determine if your ERC processor is properly [...]