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Get Up To $26,000 Per W2 Employee Through The ERC Tax Credit today.
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What is Employee Retention Credit (ERC)?
The Employee Retention Tax Credit (ERTC) is an IRS tax credit designed to help small businesses retain their employees during these difficult times. The credit refunds payroll costs already spent.
There is no need to pay back the ERTC, and is in a sense, similar to the stimulus check that the everyday taxpayer received. Any business structure under 500 employees can potentially qualify. This includes even non-profits and start-ups.
How Do I Qualify
In order to qualify for the ERTC your business had to have been affected in one of two ways.
A decline in gross receipts over a declared quarter. Over any declared quarter in 2020, a decline of 50% or more must be shown to claim the credit; however, the credit is capped at $5,000 for the year. In 2021 the credit was expanded for businesses who only experienced a 20% reduction in revenue. For each individual quarter in 2021 businesses can be eligible for up to $7,000 in credits per employee.
Either a “Complete or Partial” Closure of your business. All across the United States, local government restrictions and mandates were put into place; social distancing, being compelled to work from home, or even the closure of your business in its entirety.
You can qualify even if you got a PPP loan, and it was forgiven
What if I made more Money in 2020 or 2021
If in your area or state, there was a full shut down or partial shutdown of business activity you still qualify even if your gross was higher then in 2019. For example, we have had restaurants that were shut down for indoor dinning but made a pivot to food delivery and made more gross because of that, but still qualify because of the shut down.
Also included in the credit calculation is the cost of providing medial insurance benefits to those employees you paid wages to.
Also, if you started a business after February 15, 2020, and have W2 employees you can qualify.
Our Process
1.Apply Online by filling out the form on the right side of the page.
2.We calculate the credit
3.Once we have the credit you should receive, we have you sign our agreement so we can go forward
4.WE file all the necessary form and submit them to the IRS
5.You get the Cash
6.We guarantee the best credit results
7.Our fees are some of the lowest in the industry
Get your free, no risk funding estimate today!