10/04/2022

Businesses Can Claim ERTC While There’s Still Time

So, what’s with all the confusion?

The COVID-19 pandemic hit hard in 2020 causing the hospitality industry to suffer. Major hotels either closed or operated at low occupancy levels throughout the pandemic forgoing the most significant economic hardships.

Other facilities faced closure early in the pandemic but were able to open with reduced capacity and social distancing procedures after the initial pandemic response.

Overall, the hospitality industry had to adapt to staff changes and the use of government relief programs such as the CARES (Coronavirus Aid, Relief and Economic Security) Act. Many hospitality employers applied for and received PPP (Paycheck Protection Program) loans to keep their businesses running amidst the pandemic.

Please select this link to read the complete article from CLARUS Solutions.