What is ERC , What is the Employee Retention Credit , How to Apply for ERC

Go to Or Call Lindsay at 8775063999 About The ERC Program What is the Employee Retention Credit (ERC) ERC is a stimulus program designed to help those businesses that were able to retain their employees during the Covid19 pandemic. Established by the CARES Act, it is a refundable tax credit a grant, not a loan that you can claim for your business. The ERC is available to both small and midsized businesses. It is based on qualified wages and healthcare paid to employees. Up to 26, 000 per employee Available for 2020 and the first 3 quarters of 2021 Qualify with decreased revenue or COVID event No limit on funding ERC is a refundable tax credit How much money can you get back You can claim up to 5, 000 per employee for 2020. For 2021, the credit can be up to 7, 000 per employee per quarter. How do you know if your business is eligible To qualify,