Get up to $26,000 per employee from the IRS.
No Fee Guarantee
If you don’t receive a refund you pay nothing.
There are no upfront costs to see if your company
is eligible.
Frequently Asked Questions
What is the Employee Retention Credit (ERC)?
The Employee Retention Credit (ERC) is a refundable tax credit provided to eligible employers who have experienced a decline in revenue due to the COVID-19 pandemic. The credit is intended to encourage businesses to retain their employees during the pandemic.
Eligible employers include businesses that experienced a significant decline in revenue due to the COVID-19 pandemic and have not received a Paycheck Protection Program (PPP) loan. Nonprofit organizations and certain governmental employers may also be eligible.
Who is eligible for the ERC?
No, employers cannot claim the ERC and the PPP for the same wages. However, they may be able to claim both for different periods or different wages.
Can I claim the ERC and the PPP?
Employers must keep records that support the eligibility for the credit, such as documentation of the decline in revenue and the calculation of qualified wages. They should also keep records that support the retention of employees, such as payroll records and employee certifications.
What documentation is required to claim the ERC?
Copyright © 1996-2023 | quote.com | 15310 Amberly Dr STE 250 Tampa, FL 33647 | Privacy Policy | Terms & Conditions | CCPA
Disclaimer: Quote® is a Federally Registered Trademark - #78662685
Are you a business owner who was impacted by the pandemic?
The Employee Retention Credit (ERC) could provide your business with significant savings on payroll taxes.
The ERC is a tax credit available to eligible employers
who retained their employees during the pandemic.
You can receive up to $26,000 per employee in tax credits
for the 2020 and 2021 tax years.
The Average Business Qualifies for $247,000
Ready to claim your employee retention credit?
Call us today to learn more about our services
and how we can help your business save money.
Get up to $26,000 per employee from the IRS.
No Fee Guarantee
If you don’t receive a refund you pay nothing.
There are no upfront costs to see if your company is eligible.
Are you a business owner who was impacted by the pandemic? The Employee Retention Credit (ERC) could provide your business with significant savings on payroll taxes.
The ERC is a tax credit available to eligible employers who retained their employees during the pandemic. You can receive up to $26,000 per employee in tax credits for the 2020 and 2021 tax years.
The Average Business Qualifies for $247,000
Ready to claim your employee retention credit?
Call us today to learn more about our services
and how we can help your business save money.
Copyright © 1996-2023 | quote.com | 15310 Amberly Dr STE 250 Tampa, FL 33647 | Privacy Policy | Terms & Conditions | CCPA
Disclaimer: Quote® is a Federally Registered Trademark - #78662685
Frequently Asked Questions
What is the Employee Retention Credit (ERC)?
The Employee Retention Credit (ERC) is a refundable tax credit provided to eligible employers who have experienced a decline in revenue due to the COVID-19 pandemic. The credit is intended to encourage businesses to retain their employees during the pandemic.
Who is eligible for
the ERC?
Eligible employers include businesses that experienced a significant decline in revenue due to the COVID-19 pandemic and have not received a Paycheck Protection Program (PPP) loan. Nonprofit organizations and certain governmental employers may also be eligible.
Can I claim the ERC
and the PPP?
No, employers cannot claim the ERC and the PPP for the same wages. However, they may be able to claim both for different periods or different wages.
What documentation is required to claim the ERC?
Employers must keep records that support the eligibility for the credit, such as documentation of the decline in revenue and the calculation of qualified wages. They should also keep records that support the retention of employees, such as payroll records and employee certifications.