Employee Retention Credit

The Employment Retention Credit (ERC) is the last federal pandemic relief program via the C.A.R.E.S. Act. The ERC program refunds business owners up to $26k per employee for payroll costs during the pandemic. The wages of owners and family members of the owners do not count. The refund does not need to be paid back and you can use it how you see fit. The average refund time is 4 to 6 months. 

ERC Qualifications: 

1. 2+ W2 employees on payroll in 2020/2021.
2. Your business was negatively impacted by the pandemic such as cleaning and sanitizing, capacity restrictions, supply chain disruptions, travel restrictions, commerce disruptions, group gathering limitations, vendor or customer restrictions, job site or customers shutdowns, work from home orders or partial/full shutdown orders.

ERC Documentations: 

1. 941s - All Quarters of 2020 & 2021 
2. Quarterly Wages Report - All Quarters of 2020 & 2021 
3. PPP 1 & 2 forgiveness notices - If PPP was received

ERC Cost: 

1. Free quote on your ERC refund amount. 
2. $100 refundable initial fee for ERC filing with the IRS.
3. 15% fee invoiced by our ERC processing partner after your business receives the ERC refund checks.