Get Up To $26,000 Per Employee!
EMPLOYEE RETENTION CREDIT (ERC)
Payroll Tax Credit designed to reward businesses for retaining employees during COVID-19.
There are No Up-Front Fees and Only pay service fees IF and AFTER you receive your credit.
What is ERC?
The Employee Retention Credit (ERC) is a Payroll Tax Credit designed to reward businesses for retaining employees during COVID-19. The credit was initially signed into law March 2020 as part of the CARES Act. The credit was later expanded upon with the Consolidated Appropriations Act in December 2020 and the American Rescue Plan Act in June 2021.
Business Owners can receive a refundable credit up to $5,000 per employee in 2020, and $7,000 per employee, per quarter (excluding the 4th quarter), in 2021 for qualified wages. This can total up to $26,000 per employee.
Eligibility To Claim ERC
1. Reduction in Revenue
- If there is a reduction in your gross receipts in 2020 when comparing to the same quarter in 2019 by at least 50%
- If there is a reduction in your gross receipts in 2021 when comparing to the same quarter in 2019 by at least 20%
2. Impacted by Government Orders
If a governmental order had more than a nominal impact on your business operations, such as:
- Required to fully or partially suspend operations tied to governmental orders.
- Limiting occupancy to provide for social distancing due to governmental orders.
- Inability to obtain critical goods or materials from supplies because they were required to suspend operations due to governmental orders.
- Governmental orders to shelter in place preventing employees from going to work.
3. Recovery Start-up Program
- If you started a business after February 15, 2020, and had annual gross receipts less than $1,000,000.
Heres How The Process Works
Step 1
Step 1
Step 1
Determine Your Eligibility by
Answering a few questions on our Providers CPA Firms website to determine if you qualify for the Employee Retention Credit.
Step 2
Step 1
Step 1
Upload A Few Of Your Tax Documents To Our Providers Website: After you upload the supporting docs, their CPAs will be able to get more precise as to your credit amount you will receive.
Step 3
Step 1
Step 3
Expert CPAs Work Through Complex Code Without You Having To Pay Anything Upfront: The CPAs will facilitate and support you with all the complex IRS requirements needed.
Step 4
Step 1
Step 3
Receive Your Funds And Only Then Pay Fees: The CPAs will support you until you get your tax credit. They are paid only IF and AFTER you receive the money.
Get Started Now
Determine Your Eligibility!
Upload Supporting Documents!
Expert CPAs Work With You Every Step Of The Way!
Receive Your ERC Funds And ONLY Pay IF And AFTER You Receive Your Money!