If you own a business, then you should see if you qualify for an ERC Tax Credit. It’s quick, simple, and (at the chance of sounding redundant) easy.
So what is an ERC Tax Credit?
ERC stands for the Employee Retention Credit. The ERC Tax Credit program needs to be taken advantage of while it is still in effect. I mean seriously, you wouldn’t want to miss out on this underutilized program. One of the many focuses of this program are businesses that continued to pay their employees while they were shut down due to the COVID-19 pandemic. In addition, businesses that had major declines in gross receipts, supply chain issues, among other things can also apply as well.
There were many who fell on hard times during the pandemic. Some of them are still recovering. And for those who supported their employees during this time; this ERC Tax Credit is for you. This stimulus program gives you a tax credit that does not count as taxable income and it is not a business loan that requires it be payback.
See if you qualify or the ERC Tax Credit!
It would be best for you to see if you qualify for the ERC Tax Credit right away. Thriving is better than surviving after all. That’s why this stimulus program is here. To help businesses out of this nightmare.
Details of the Program include:
- Up to $26,000 per employee – experts will help you figure out how much you qualify for
- Qualify with decreased revenue or with COVID-19 event – those who were told they did not qualify before may qualify now that changes to the program were made to help more businesses
- No limit on funding – the ERC is not considered a loan
- ERC is a refundable tax credit – the information given to you can then be given to your CPA or tax staff for them to file
More Savings are Here!
On a side note here… check this out! You can save more as an individual or as a business owner for only $20 a month! Amazing right? There are so many ways to save. These include: groceries, insurance, travel (including gas), shopping, and more. Click here for more details. Or if this sounds to good to miss out on, just check it out here. Trust me, you’ll want to take a look.
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