OUR MISSION

The Employee Retention tax Credit (ERC) is the largest government stimulus program in history.

The CARES Act approved the Employee Retention Credit (ERC), which encourages employers to keep employees on the payroll.

The ERC is a federal stimulus program paid to you by the IRS, and it can pay you hundreds of thousands of dollars depending on how many employees your company has. This stimulus money does not have to be repaid, and you are free to use it for whatever you like.
Unlike the EIDL, PPP, and other similar programs, the ERC provides a payout to companies that kept their personnel during the pandemic.

Some of the requirements include having been in business before February 15, 2020, having 1 to 500 W-2 employees (excluding yourself and family members), and having a revenue reduction or self-certifying a negative impact of the pandemic, which could include a supply chain disruption, partial or full shutdowns, and so on. Even if you received PPP, you may be eligible.

• The ERC Program is a refundable tax credit of up to $10,000 in salaries paid per employee by an eligible company from March 12, 2020 to December 31, 2020. THIS CAN AMOUNT TO $5,000 PER EMPLOYEE!
• For the first three quarters of 2021, the ERC Program has raised to 70% of up to $10,000 in salary paid per employee per quarter.
• The credit can be applied to the employer’s contribution of the Social Security tax. Wages, compensation, and qualified healthcare expenditures paid by eligible employers from March 13, 2020 to December 31, 2021 are used to calculate the ERC.
• Due to qualifying limitations, businesses may not have considered the ERC in 2020, however those that secured a PPP loan can now qualify for the ERC retrospectively.