Through the Employee Retention Credit (ERC), you may be eligible for tens of thousands of dollars in refundable tax credits for every W-2 employee, even if you made more money in spite of COVID restrictions!
Were you forced to shut down your business because of the pandemic?
Did you start your business in early 2020, just to be kicked in the gut by COVID?
Has your business had to deal with substantial supply chain disruptions and mandatory full or partial closures due to COVID restrictions?
Are you still struggling to get back on your feet after two-plus years of restrictions, shutdowns, and supply chain issues, and wondering how you’re going to survive?
The pandemic has spelled disaster for countless business owners, and many have had to close their doors permanently due to two years of lockdowns and other public health restrictions.
For those who remain, every bit of help counts, and luckily there are tax credits specifically designed to provide relief to business owners such as yourself.
One of those programs is called the Employee Retention Credit, or ERC.
We’ve already worked with more than 300 companies to help them qualify for the ERC, and we’re ready to help you, too!
What Is the Employee Retention Credit?
The Employee Retention Credit is a pandemic relief program that provides tax credits, allowing business owners to receive up to $21,000 per W-2 employee.
This is a refundable tax credit, not a loan, so you don’t have to pay it back, and there is no limit on the amount you can receive.
If you have W-2 employees, you’re likely to qualify for the ERC credit, even if you’ve taken advantage of other pandemic relief programs, including PPP and/or EIDL.
As long as you started your business on February 15, 2020 or later, you can qualify for the employee retention credit. And those who started their businesses prior to that date are eligible for an even larger program.
Even if you’ve been rejected, chances are, you can still qualify, as the rules have changed several times (most recently in November 2021) and many more businesses are now eligible.
You may still qualify for tax credits for the time you were open, even if you sold or closed your business!
So, if your business has had to deal with disruptions like increased cleaning requirements, supply chain issues, equipment shortages, or reduced hours, we can help you find out if you qualify, and ensure you receive the maximum amount of assistance.
What Do I Have to Do?
We make it easy to find out if you qualify for the ERC credit, and work hard to ensure you get the maximum amount possible.
All you have to do is follow the steps outlined below, let us do the work, and wait to collect your funds.
Here’s how it works:
- First, you need to schedule a meeting with us to find out if you qualify.
- If you do qualify, ERC Specialists will inform you of the amount you’re eligible to receive.
- Next, we’ll need you to provide some basic information about your business, including your average number of full-time employees for 2019, 2020, and 2021, gross receipts for each quarter of 2019, 2020, and 2021 (total deposits/sales, not including PPP funds), the specific supply chain issues, restrictions, and government shutdowns that impacted your business, as well as payroll tax returns and PPP information, if applicable.
- Once you’ve provided all that information, we’ll do whatever we can to maximize your Employee Retention Credit and then submit your application to the IRS.
So, if your business could benefit from the Employee Retention Credit, contact us today to find out if we can help you take advantage of this lucrative tax relief program.