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ERC
Relief for your business
The Employee Retention Tax Credit Refund (ERC or ERTC) is a grant available to businesses that paid employees during times of economic hardship due to COVID-19. The refund can be used in any way that the business pleases, as there are no limitations on what expenses the refund can be used for.
Eligible businesses can receive a maximum refund of $26,000 per W2 employee. In 2020, employers can receive a credit of 50% of qualified payroll expenses for a maximum of $5,000 per employee for the year. In 2021 employers can receive a credit of 70% of qualified payroll expenses for a maximum of $7,000 per employee per quarter.
Not a Loan
ERC is not a loan and therefore does not need to be repaid
Cash Refund
The refund comes in a check form from the IRS
Spend However
Use your refund in any way you see fit
File Quickly
We can file with the IRS on your behalf within 1-2 weeks
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Our Process
How much money can your business receive?
In 2020, employers can receive a credit of 50% of qualified payroll expenses for a maximum of $5,000 per W2 employee for the year. In 2021, employers can receive a credit of 70% of qualified payroll expenses for a maximum of $7,000 per quarter.
- Check Your Eligibility
First, we’ll determine if you are eligible for ERC and for what quarters. - Collect & Calculate
Next, we’ll gather your payroll and PPP data to calculate your refund. - Submit Your Claim
Finally, we’ll assist you in filing your documents with the IRS.