ERC Tax Credit

 

ERC Tax Credit

Has your Business Been Impacted by the Covid-19 Pandemic?

You may now be eligible for Employee Retention Credits (ERC) of  up to $26,000 per employee and up to Six Quarters during 2020 and 2021

The ERC program was created under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) as part of the federal government’s relief program to encourage and reward business owners that retain employees during the COVID-19 pandemic.

Recently the policy was amended to enable business owners to qualify for ERC tax credits even if they received PPP loans. The time period the program covers was also extended from March 22, 2020 to December 31, 2021. This is not the PPP or EIDL Program. Those programs are closed.

This is a Tax Credit based on Payroll Taxes and rewards employers for retaining employees through the Pandemic AND due to supply chain issues.     

 This credit DOES NOT have to be paid back.

 Do not Delay…this is a time limited credit

 Does My Business Qualify ?

The eligibility requirements for ERC are as follows:

Your business experienced a partial or complete suspension of operations. This includes:

Suspended onsite work or client meetings

Distribution delays or suspensions

Social distancing requirements that reduced capacity

Supply chain disruptions

Reduction of hours of operation

And/Or Supply chain issues (or both):

Your business experienced a significant reduction in revenue during any quarter of 2020 or 2021 as compared to 2019

2021 – 20 percent decrease in revenue/quarter

2020 -  50 percent decrease in revenue/quarter

up to $21,000 per employee per quarter

Businesses that qualify for both 2020 and 2021 ERC tax credits may receive up to

$26,000 per eligible employee per quarter

If you experienced:

A full or partial shutdown

Disruption in your supply chain

Disruption in Distribution

Reduction in operating hours

A Change in Client or Customer interaction

How We Can Help You NOW:

We Pre-qualify you to see how much you may receive in credit

         NO Upfront Fees – Pay ONLY when you fund 

    If no refund – NO FEE Due at all 

      No Deposit Required

          Fast Accurate Service

        Audit Support IF needed

Contact us now for a FREE Qualification

and an Estimate of your Refund

Click “Contact †in drop down menu above or

(248) 894-2600

  Or email us direct at [email protected]

Subject to review and analysis to determine your final credit amount & IRS Guidelines.