Originally created to encourage businesses to keep employees on the payroll as they navigate the unprecedented effect of COVID-19
The
ERTC was established by the Coronavirus Aid,
Relief, and Economic Security (CARES) Act,
and provides a credit equal to 50 percent of
qualified wages and health plan expenses
paid after March 12, 2020, and before Jan.
1, 2021.
A per-employee $10,000
maximum of qualified 2021 wages (Q1, Q2,
Q3).
This is not a loan
While
the ERTC was created in the CARES act along
with the PPP Loans - this is not a loan,
there is no repayment.
There are no
restrictions for what recipients of the
credit must use the
funds.
Full Time and Part time Employees Qualify
The 2020 ERC Program is a refundable tax credit of 50% of up to $10,000 in wages paid per employee from 3/12/20-12/31/20 by an eligible employer. That is a potential of up to $5,000 per employee.
In 2021 the ERC increased to 70% of up to $10,000 in wages paid per employee per quarter for Q1, Q2, and Q3. That is a potential of up to $21,000 per employee.
Startups eligible for up to $33,000.
Let our expert team determine if you qualify for a sizable rebate
By answering a few, simple, non-invasive questions our team of ERTC experts can determine if you likely qualify for a no-strings-attached tax credit.
There is no cost or obligation to be pre-qualified.