WHAT IS THE ERC?
The Employee Retention Credit (ERC) was authorized under the CARES Act and encouraged businesses to keep employees on the payroll.
- The 2020 ERC Program is a refundable tax credit of 50% of up to $10,000 in wages paid per employee from 3/12/20-12/31/20 by an eligible employer. THAT’S UP TO $5,000 PER EMPLOYEE!
- The 2021 ERC Program has increased to 70% of up to $10,000 in wages paid per employee per quarter for the first three quarters of 2021.THAT’S UP TO $21,000 PER EMPLOYEE!
Does My Business Qualify?
If your business experienced ANY of the following as a result of COVID, you likely qualify for a tax refund:
- Full or Partial Shutdown
- Supply Chain Challenges
- Reduction in Goods or Services
- Limited Capacity
- Reduction in Revenue
- New Business Startup
Tax Credit Success Stories
Restaurant: 213k – 18 employees
Healthcare: $592K – 63 employees
Service (HVAC): $65k – 12 employees
Restaurant: $317,551.39 for 2020 – 312 employees
How Does It Work?
Schedule a free qualification call and check the eligibility
Work with our team to get docs and info filed.
Receive funds that you don’t have to pay back!