Yes, the Employee Retention Credit (ERC) and the Employee Retention Tax Credit (ERTC) are the same thing. The ERC is also referred to as the ERTC by some organizations and publications. Both terms refer to the same tax credit program designed to help businesses receive a tax refund based on the number of employees they had during the COVID pandemic.
While the terms ERC and ERTC are used interchangeably, it’s essential to note that they refer to the same program and have the same eligibility criteria and requirements.