WebBill Gross and Jeffrey Gundlach appear to be bracing for a credit crunch as surging interest rates and banking fears threaten to strangle lending. In response to inflation hitting 40 … WebJan 26, 2024 · Key takeaways: The ERC is a tax incentive created so that employers would retain more employees during the pandemic. The credit was extended until the end of 2024, but the Infrastructure Investment and Jobs Act signed on November 15, 2024, ended the ERC early. Wages paid after September 30, 2024, no longer qualify for the credit.
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