Employee Retention Tax Credit
Was your business operations negatively affected as a result of the pandemic?
If so, you definitely need to know about Employee Retention Credit, or ERC.
The Employee Retention Credit was signed into law on March 27, 2020, as part of the CARES Act. It’s a refundable tax credit designed to reward business owners for retaining employees throughout the COVID-19 pandemic. The Employee Retention Credit is available to both small and mid-sized businesses.
In 2021, the ERC was revised and extended so that more companies, like yours, can claim it and use it to eliminate your payroll tax and generate a cash refund.
On Tuesday, February 15th, we’ll be partnering with alliantgroup to host Employee Retention Tax Credit and share information about how our clients can take advantage of it.
We’re thrilled to share that Eric Hylton, Former IRS Commissioner, will be hosting this webinar, where he will lead a discussion regarding common misconceptions about the ERC and explaining how to qualify for it.
Join us to learn more!
Business owners impacted by COVID-19 can claim up to $5,000 in refundable tax credits for each employee on their payroll in 2020 and up to a $7,000 credit per quarter (excluding Q4) for each employee in 2021.
Are you ready to see how much money you can save in tax credit? If so, sign up right now!
We Can’t Wait to Share with You on Tuesday, February 15th at 12:00 pm EST!