Ep. 218 | Navigating Employee Retention Credits: Boosting Small Businesses Amidst Challenges with Advantage Accounting & Tax | Florida SBDC SBSS 2023 Series

Welcome to another episode of Small Biz Florida. In this session, we dive deep into the world of Employee Retention Credits, and the remarkable duo behind Advantage Accounting and Tax. Join us as we bring you insights from the minds of Phil Caliendo, Manager for the ERC Funding Department, and Kash Sharfi, CEO. Advantage Accounting and Tax, a seasoned CPA firm with almost four decades of experience, has been a steadfast supporter of small businesses since its establishment in 1986. With their headquarters in Boca Raton and clients spanning across various states, their 45-member strong team boasts an impressive 500 years of collective IRS experience. What sets them apart is their laser focus on small businesses. At the heart of this episode is the Employee Retention Credit (ERC), a powerful incentive aimed at rewarding small businesses that stood strong during the challenging COVID-19 period by retaining their workforce. Phil and Kash expertly explain the rationale behind this credit and its significance in bolstering the growth engine of the nation's economy, small businesses. While large corporations faced layoffs, small businesses added over 4 million jobs, emphasizing their vital role in economic recovery. These two remarkable gentlemen highlight how ERC offers a lifeline to businesses that displayed resilience in the face of adversity. But how does Advantage Accounting and Tax engage with businesses to maximize their benefits from ERC? Find out in this episode dedicated to discovering how small businesses can leverage Employee Retention Credits to fuel their growth, with Advantage Accounting and Tax as their dedicated allies. Recoded live at this year’s Florida SBDC Network Small Business Success Summit hosted at The Westin Fort Lauderdale Beach Resort. Learn more about Advantage Accounting and Tax: http://advantage.cpa/