WHAT IS EMPLOYEE RETENTION CREDIT
Dennis Robinson
I am a dedicated Chrisian businessman and I operate on a principle I call ABSOLUTE INTERGRITY which means that I do not separate business from following the Lord Jesus !.
What is ERC?
The?Employee Retention Credit?(ERC) is a?Payroll Tax Credit?designed to reward businesses for retaining employees during COVID-19. The credit was initially signed into law March 2020 as part of the CARES Act. The credit was later expanded upon with the Consolidated Appropriations Act in December 2020 and the American Rescue Plan Act in June 2021.
Business Owners can receive a refundable credit up to $5,000 per employee in 2020, and $7,000 per employee, per quarter (excluding the 4th quarter), in 2021 for qualified wages.??This can total up to $26,000 per employee.
Your are eligible if you had W2 Employees in 2020 or 2021 and?ANY?of the following:
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1. If you had a reduction in revenue
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2. If Your Business Was Impacted By A Government Mandate
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We have helped both small & large businesses receive Employee Retention Credits & you can be next. To see if you qualify free of charge for the Federal Employee Retention Credit of up to $26,000 per w-2 employee click the link below: