Take advantage of this new COVID-19 employee retention credit while it's available. If your business has been affected by the pandemic you will qualify.
What is the Employee Retention Credit (ERC)?
The Employee Retention Credit (ERC) is a stimulus program designed to help businesses that were able to retain their employees during the COVID-19 pandemic. It was signed into law on March 27, 2020, as part of the CARES Act.
Established by the CARES Act, it is a refundable tax credit - a grant, not a loan - that you can claim for your business. The ERC is available to both small and mid-sized businesses. It is based on qualified wages and healthcare paid to employees.
How can I qualify?
If your business closed down or lost at least 20% of revenue* due to COVID-19, then yes the ERC is for you!
What businesses are eligible?
Who Can Claim The Employee Retention Credit (ERC)?
If your business operations are impacted or changed during the calendar quarter due to a COVID-19 related government partial or full shutdown order. This includes your operations being limited by commerce, inability to travel, or restrictions of group meetings.
or...
For quarters in 2021, If your business revenue dropped by more than 20% in gross receipts compared to the same quarter in 2019 or to the immediately preceding quarter.
Get paid in 3 Easy Steps...
1. Upload and Calculation
Upload your financial documents through our secure portal and our experts will calculate the amount you will receive for your Employee Retention Tax Credit.
2. Amend Your Returns
We will prepare an audit all of the documentation to help you file your 941X amended returns.
3. Get Paid from the IRS
You will receive a check directly from the IRS. Get your Employee Retention Tax Credit today .
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Federal ERC DOES NOT provide any legal or accounting advice. Users of this website should consult with their own lawyer and C.P.A. for legal and accounting advice. Services are fulfilled by ERC Pros LLC and are subject to qualifications.