12/04/2022
To qualify for the Employee Retention Credit tax refund, your business must have been negatively impacted in EITHER 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, inability to travel or restrictions of group meetings.
-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 pay check.
-Protection Program (PPP) loan. With new legislation in 2021, employers are now eligible for both programs. The ERC, though, cannot apply to the same wages as the ones for PPP.
>>>Schedule a free call to see if you qualify for ERC Bottom Line Refunds and find out the amount you will receive.
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The Employee Retention Credit We Specialize in Maximizing ERC for Small Businesses Receive up to $26,000 per Employee. Unlike PPP, ERC is a Covid Assistance Refund GET QUALIFIED How It Works Watch our video to understand more about the ERC program and how we can help your business. https://player.vi...