The ERC is a refundable payroll tax credit and its purpose is to provide economic relief for small and medium businesses who retained employees during the COVID-19 pandemic.
The IRS states that 70%-80% of small and medium size businesses will qualify for the Employee Retention Credit. Allow us to check if you fit the criteria for the ERC.
The answer is NO. This is a refundable tax credit, not a loan… Meaning, you will be sent a check.
Yes you may. Certain rule changes were made at the end of 2022 to allow companies who received PPP loans to also take advantage of the Employee Retention Credit. Allow us to check if you will qualify.
Yes, it is possible. If your business was affected in any way shape or form because of COVID-19 you may still be able to recover some ERC credit for the periods that were affected. Allow us to check if you will qualify.
There are numerous factors in calculating the allowable credit, determining factors such as numbers of employees, the quarters employees worked during the pandemic, PPP loans, etc. We will do our best to get you the most ERC possible.
The IRS states that you can typically expect a refund around the 20 week mark from the date of the application submission but it can take a little longer than that in some cases.
We charge a flat fee of 25%, with NO other hidden costs but remember, we only get paid when you get your ERC refund.