The Employee Retention Credit (ERC) is a refundable federal payroll tax credit designed to encourage businesses to retain their employees through COVID-19. This valuable credit can provide up to $26,000 per employee across the 2020 and 2021 tax years.
Our ERC experts are nationally recognized COVID relief thought leaders. Our deep experience enables our team to think creatively within the confines of IRS regulations to maximize the benefits of the ERC, PPP and other credits to increase liquidity.
Get the best guidance on ERC services from our dedicated ERC advisors. This team has been on the forefront of educating the public to take full advantage of COVID relief benefits.
Business was either fully or partially suspended due to orders from the federal government, or a state government having jurisdiction over the employer, limiting commerce, travel, or group meetings due to COVID-19.
During any quarter compared to that same calendar quarter in 2019. Defined at a 50% decline in any quarter during 2020 and a 20% decline in 2021.
A business that (1) began carrying on a trade or business after February 15, 2020, (2) has average annual gross receipts that do not exceed $1,000,000 and (3) do not meet either of the other two criteria outlined above.
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