The ERC is a new tax credit created by the U.S. Government under the CARES Act to encourage businesses to keep employees on their payroll. This can be a big help to businesses who were affected by COVID-related shutdowns and saw a decline in revenues.
Qualifying businesses can receive up to $26,000 per employee.
To qualify, a business would have had to experience a partial shut down due to government orders or experience declines in quarterly gross revenues in 2020 and 2021 compared to 2019.
We offer a free analysis to see if your business qualifies and how much credit you can claim.
Call Joel Manning at 847-459-8850 or email [email protected] for more information.
