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EMPLOYEE RETENTION TAX CREDIT
(ERC)
The Largest Government Stimulus Program in History.
Is your Business Eligible to Receive a Grant of $26,000 per Employee!
What is Employee Retention Credit ?
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Up to $26,000 per employee
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Available for 2020 and 3 quarters of 2021
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Qualify with decreased revenue or COVID event
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No limit on funding
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ERC is a refundable tax credit
ERC is a stimulus program designed to help those businesses that were able to retain their employees during the Covid-19 pandemic.
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.
To qualify, your business must have been negatively impacted in either of the following ways:
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A government authority required partial or full shutdown of your business during 2020 or 2021.
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Gross receipt reduction it is measured against the current quarter as compared to 2019 pre-COVID amounts.
What is Employee Retention Credit ?
How We Help
The ERC underwent several changes and has many technical details, including how to determine qualified wages, which employees are eligible, and more. Your business’ specific case might require more intensive review and analysis by our team of accountants and lawyers. The program is complex and might leave you with many unanswered questions.
We at THE ERC WIZ Get It and make sense of it all. Our dedicated experts and consultants will guide you and outline the steps you need to take so you can maximize the claim for your business.