ERC Credits (Employee Retention Credit) is a program developed by the government to help small and medium-sized businesses that were affected during the COVID-19 pandemic. The US economy was hit pretty hard by this virus; especially small and mid-sized businesses. As we begin to build up again, several government programs were developed to help ease the process. The ERC Credits program is one of them.
The general qualifications for the ERC program have changed a couple of times, allowing the funding to reach more businesses and now NON-PROFIT organizations with W-2 employees. So if you have applied for the program in the past or felt like you did not qualify, it will be beneficial for you to try again. Go Here to See if you Qualify.
ERC Credits and Why You Should Apply
The shutdown of our economy because of COVID-19 has devastated all of us in some way. So in order for the economy to get back on its feet, the government has put this program in place, that will allow small and mid-sized businesses to receive funding (THIS IS NOT A LOAN) to help rebuild their businesses. This program includes:
No Limit On funding – ERC is not a loan; so you don’t have to pay it back. And there is no limit on funding. Also, it is not connected to the PPE loans the government issued and whatever you received from that. This is a separate program designed to help business owners get back on their feet. Get with an ERC specialist TODAY!
Churches with W-2 employees and other Non-Profit organizations are eligible for this credit – get started today!
Available for 2020 & Q1-Q3 2021 – This program will revert back to 2020 when the pandemic began. To get full use of this program, you will need ERC specialists to ensure you get the full benefit of what this program has to offer. And again, this is money you do not have to pay back.
Up To $26,000 Per Employee – Once you qualify, the ERC specialist will go to work and determine the amount you are qualified for. The application is very simple to fill out and you can also get an estimate of how much you will get back should you qualify. After you have completed all the documents necessary, they will proceed with the process to get you your funds.
Qualifications To Receive Funding – The qualifications have changed. New rules are now in place that increase the chance of approval. If you have applied for this credit before, you might want to try again. So it will be worth your wild to work with these experts who know the ins and outs of getting this credit. Get your business back on track by starting the qualification process today. You may qualify if you experienced the following:
- A government order full shutdown
- Partial shutdown or supply chain issues
- Revenue reduction
Why You Need An ERC Specialist
You will have a better chance of getting the maximum credit amount with an ERC specialist. We found they average about 10-20% more funding than a CPA. Also, they will evaluate your claim thoroughly to maximize your credit amount.
Finally, they will supply all documents needed in responding to the IRS should you get audited.
Get started today to ensure you get the funds you need to get your business back on track.
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