As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the subsequent Taxpayer Certainty and Disaster Tax Relief Act many small businesses can take advantage of a limited time financial relief opportunity called the Employee Retention Credit (ERC) program.
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Free analysis to determine eligibility.
No fees until you have received money from government.
No repayment requirements.
Headcount
Employers with 100 or less full-time employees.
Employers with 500 or less full-time employees.
Potential Credit Amount
Up to $5,000 per retained employee per year.
Up to $7,000 per retained employee per quarter.
Automatic Qualifier
(Based on gross revenue)
50% less in any quarter than same quarter in 2019.
20% less in any quarter than same quarter in 2019.
Automatic Qualifier
(For new businesses)
Fully or partially suspended in the quarter due to a government order.
Suppliers fully or partially suspended in the quarter due to a government order.
Customers fully or partially suspended in the quarter due to a government order.
Not Applicable.
New business started after February 15, 2020.
Alternative Qualifier
(Government Orders Test)
