Employee retention credit is urgent information that helps businesses recoup because COVID-19 has been a challenge for all of us. As the world shut down the economy came to a halt, leaving the future of many businesses in a precarious position. As we begin to find normalcy again, businesses now have to focus on recovering and fortunately, several government programs are easing this process.
One such program is the Employee Retention Credit or ERC, which is a generous stimulus program to bolster by designed those businesses that we’re able to retain their employees during this challenging time. Due to the extremely complex tax code and qualifications, it is severely underutilized. Details of the program include:
Employee Retention Credit Gives Back UP TO $26,000 PER EMPLOYEE for a tax credit during this time.
Once you complete the Qualification (Submit your initial information here) the experts will figure out the exact amount you qualify for. And then it is onto completing the necessary documents, and they will take it from there.
That’s a lot of money. If you have ten employees that can be $260,000 in a tax credit for your business.
AVAILABLE FOR 2020 & Q1 – Q3 2021
QUALIFY WITH DECREASED REVENUE OR COVID EVENT
NO LIMIT ON FUNDING (ERC IS NOT A LOAN)
You don’t have to pay this back!
Employee Retention TAX Credit or ERC IS A REFUNDABLE TAX CREDIT:
You will have the information to give to your Tax Staff or CPA to file this for your tax year. This is for when you receive these funds. Once you begin this process, you will gain everything, and all the heavy lifting is done for you once the documentation is collected and put together. Presentation is everything, and missed steps will cause delays or forfeiture. So it is important to have the experts handle this.
Do you qualify? We have found due to the recent changes most businesses do qualify. Go here to see if you do.
They qualify you and follow through with the IRS for you.
NOTE: Due to the back-log with the IRS in processing this, the sooner the better. And you want to get this in before the full amount is complete by all the businesses around the Country finding out about this.
In addition if you want an at home business or need a job go here.