What is the ERC?

COVID-19

If you are a small to medium-sized business, chances are that you were hit hard by the COVID-19 pandemic. In order to revive the economy, Congress passed the CARES Act which includes the Employee Retention Credit (ERC) to help businesses such as yours.

Unfortunately, many businesses are still unaware of this program and have not taken advantage of it. As a result, thousands of dollars in credits are being left unclaimed. It's important to take advantage of all the resources available to you, and the ERC is one of them.

The credit is designed to help businesses keep their employees on payroll during this challenging time, and every dollar counts. If you haven't already, it's worth exploring the ERC to see if your business qualifies.

Details of the ERC program include:

• Up to $26,000 per employee

• No limit on funding

• It is a refundable tax credit

• Can be claimed for 2020 and 2021

• Designed to reward business owners who kept employees on payroll.

• Same relief bill that created PPP loans also created the ERC.

• Unlike PPP program, the ERC refund is not a loan. It's money that is for your business and it's up to you on how you use it.

Not sure where to start? We're here to help.

Our ERC experts are ready to answer your questions.

You've got nothing to lose. Talk to us and Qualify today.

It's pretty complex, that's where we come in

The ERC is governed by over 200 pages of IRS tax code, making it complicated for business owners and even CPAs to figure it out.

That's where we step in for your convenience.

Guess what...You only need one and you're all set!

Ways To Qualify

Revenue Reduction

Experienced a significant decline in gross receipts during the calendar quarter, more than a 20% decline versus the same quarter of 2019.

Supply Chain Disruption

Had operations that were impacted due to COVID-19, resulting in limitations of commerce, travel or meetings. Disruption on product supply or services.

Full or Partial Shutdowns

A government authority required partial or full shutdown of your business during 2020 or 2021.

This includes your operations being limited by commerce, inability to travel, or restrictions of group meetings.

How many employees do you have?

Eligible businesses can receive a refund of up to $5,000 per employee for all of 2020 and up to $7,000 per employee kept on the payroll for each quarter for Q1 through Q3 of 2021.

That’s a total refund of up to $26,000 per employee!

Talk to us today and Discover
Thousands You May Qualify for in our Free Consultation.

Ready to Apply?

EMPLOYMENT RETENTION CREDIT PROGRAM

Frequently Asked Questions