ERC
EMPLOYEE RETENTION CREDIT
RECEIVE UP TO $26,000 CREDIT PER EMPLOYEE
Facilitating a Quick, Simple and Reliable Process to Ensure Optimal Results!
WHAT IS ERC?
ERC stands for Employee Retention Credit that was created by the CARES Act to provide relief to businesses impacted by COVID-19. It is a relief provision intended to help businesses maintain their workforce and mitigate layoffs during the coronavirus pandemic.
HOW DO I KNOW
IF MY COMPANY QUALIFIES? WHAT IS THE PROCESS?
It’s simple – There is an initial virtual meeting between the experts and your company to ensure transparency regarding the Credit, the team, and the process. Should you, the company, want to proceed the next step will require disclosure of relevant documents pertaining to your tax filings for 2020 & 2021 that will be reviewed by experts. Upon completion of the review, should you qualify, the industry experts will prepare your documents for filing. And lastly, you will proceed with processing your Credit filing with the IRS.
DOES MY INDUSTRY QUALIFY FOR ERC?
While most industries fit within the parameters of the Employee Retention Credit, this will be answered during the initial virtual meeting.
HOW MUCH DOES MY COMPANY QUALIFY FOR?
Viable companies qualify for up to $26,000 per employee.
IF MY COMPANY RECEIVED PPP MONEY DOES THAT PROHIBIT ITS ABILITY TO FILE FOR ERC?
While every client’s situation is different, companies who have received PPP money have also received the Employee Retention Credit.
MY ACCOUNTANT SAYS MY COMPANY DOES NOT QUALIFY...
A second opinion from an industry specific expert never hurts – RIGHT?