3 Most Asked Questions Of Me

Q: What is the Employee Retention Credit (ERC)?

A Tax Credit (and/or CASH INCENTIVE) that explodes financial advantages for large or small businesses.

The Employee Retention Credit (ERC) is a CARES ACT incentive that gives special funds to eligible businesses who keep some or most of their employees on payroll.

Q: How much money can I get back from the Employee Retention Credit (ERC)?

The Employee Retention Credit (ERC) provides business owners up to

• $5,000 per full-time employee retained between Oct 1, 2020 and De 31, 2020.
• $28,000 per full-time employee retained between Jan 1, 2021 and Dec 31, 2021.
• $33,000 Maximum Credit per Employee

Example: Employer with 31 employees could get over $1 Million. (31 EE X $33,000 per EE = $1,023,000)

Q: How do I qualify for the Employee Retention Credit (ERC)?

There are many ways to qualify and many companies that could qualify unknowingly fail to pursue or maximize the ERC money owed to them. Two of the many ways to qualify are:

1. Have a significant disruption in supply chain.
2. Have a 20% reduction in gross receipts in 2021 compared to 2019.

This can help take your TOP LINE directly to your BOTTOM LINE!

This US Government program officially ends on 12/31/2021 at midnight.

As you will need to talk with me about this fabulous financial leverage, you can contact me at:

[email protected]