FREQUENTLY ASKED QUESTIONS: ERTC / ERC
If you retained employees through COVID shutdowns, your business could receive a tax refund of up to $26k per employee.
Yes, of course. You might still be eligible for the ERTC even if you didn’t completely shut down your business.
Yes, eligibility depends on the quarter. If a company’s sales decline one or more quarters, they can still qualify for ERTC.
Existing businesses established after February 15th, 2020 can now apply for the ERTC program.
Don’t worry, you’ve got time! ERTC can be claimed retroactively for 2020, Q1, Q2, and Q3 2021 wages.
Not a problem. With the most recent revision to the ERC Bill, even companies that took PPP are eligible for ERC.
The ERC is a federal payroll tax credit for payroll tax periods in 2020 & 2021. A tax credit usually reduces the total amount of taxes you owe. In the case of ERC not only does it lower your taxes owed, but if your taxes owed are brought down to zero you are entitled to compensation above and beyond your original tax liability. If your business has previously filed 2020 and 2021 payroll taxes, you can retroactively claim the ERC to reduce your tax debt. You can also receive a surplus credit, which can result in a cash refund.
If your business qualifies for all quarters, you could receive $26,000 per employee.
Yes, definitely! Small businesses can apply retroactively for the Employee Retention Credit. your credits are applied to your tax bill or refunded as a refund of your tax money.
You should try again. Plus, filing is free. Many employers filed before and are now eligible.
It takes more than 170 pages to figure out how the Employee Retention Credit works. Well, let’s just say it’s complicated! To make it easy, we’ve partnered with ERC tax experts and partners to offer the latest technology. This will help you maximize your ERC credit, with the least amount of effort. The value we provide to our customers is unmatched.
Yes! You could receive $26,000 PER EMPLOYEE through this tax credit. Plus, thanks to OUR ERTC experts, the process is quick and simple.
Yes you can. But we’ve seen some employers who had filed on their own got declined. But when they work with our knowledgeable ERC attorneys and CPAs they were approved.
No upfront fees or charges for ERC eligibility, and no out-of-pocket costs. Our fee is 15% once we’ve successfully processed your credit with the IRS. There’s no hidden fees or obligations, we only get paid when you do.