Note: For an IRS update on this program please click here.
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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 Covid-19 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 mid-sized businesses. It is based on qualified wages and healthcare paid to employees.
Is it hard to file for the ERC (Employee Retention Credit)?
There are many scenarios that enable a business to qualify to receive ERC. It's best to get expert advice for filling out the proper paper work and doing so correctly. Determining your businesses qualifications and optimizing the filing to receive the maximum benefits is not something to be left to chance or try to figure out on your own. Even if you file correctly you could be leaving money on the table.
How to get expert help to file for the ERC (Employee Retention Credit)?
This site is all about referring readers to money making resources. I'm partnered with a great company called Bottom Line Concepts that will handle the whole Employee Retention Credit filing process for your business with no upfront costs at all. They are experts who have helped over 12,000 businesses recover over 2 billion dollars in ERC money.
If you are a business owner who hasn't already received ERC funds for your business you should at least speak with an expert from Bottom Line Concepts by clicking here.