What is the Employee Retention Credit (ERC)?

The Employee Retention Credit (ERC) is a stimulus initiative crafted to support businesses that managed to maintain their workforce throughout the Covid-19 pandemic. Enacted through the CARES Act, it constitutes a refundable tax credit, essentially functioning as a grant rather than a loan, which eligible businesses can apply for. This credit is accessible to both small and medium-sized enterprises and is determined by the qualified wages and healthcare expenses paid to their employees.

What is the Employee Retention Credit (ERC)?

✔ Get up to $26,000 per W2 employee

✔ Available for 2020 and the first 3 quarters of 2021

✔ Qualify 1 of 3 Ways: Revenue Reduction, Partial or Full Shutdowns and Supply Chain Disruptions

✔ No limit on funding

✔ Get money directly from the IRS - EVEN if you received PPP

How do you know if your business is eligible?

To qualify, your business must have been negatively impacted in one of the following ways:

A government authority required partial or full shutdown of your business during 2020 or 2021. This includes your operations being limited by commerce, including supply chain disruptions as a result of government orders. Speak with an ERC expert to see if you qualify.
Gross receipt reduction criteria is different for 2020 and 2021, but is measured against the current quarter as compared to 2019 pre-COVID amounts.
A business can be eligible for one quarter and not another.
Initially, under the CARES Act of 2020, businesses were not able to qualify for the ERC if they had already received a Paycheck Protection Program (PPP) loan. With new legislation in 2021, employers can now be eligible for both programs. The ERC, though, cannot apply to the same wages as the ones for PPP.

How will the process work?

Why Us?

As we continue the expansion of our services, we hope to on-board more business who can benefit from our network of licensed professionals.

✔ We provide a no-cost, no-obligation eligibility analysis, instead of expecting clients to self-certify.

✔ We use IRS Guidelines for all eligibility and calculations, not questionable third-party sources that tend to rubber-stamp applications.

✔ We refuse to provide phony “pre-approvals” based on just a few inputs, because we know any accurate claim requires thorough vetting.

✔ We have made our fees up to 100% refundable if our mistake triggers any repayment to the IRS.

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