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Have you got your $26k yet? ERC is not PPP and your business may be eligible.

09 Nov 2022 | Posted Under Business
The Employee Retention Credit {ERC} is a Payroll Tax Credit that ensures companies that employees stay during COVID-19. The credit was originally signed into law in March 2020 as part of the CARES Act. The credit was later expanded on by the Consolidated Appropriations Act in December 2020 and the American Rescue Plan Act in June 2021. Your business may qualify.

Business Owners can receive a refundable credit of up to $5,000 per employee in 2020, and $7,000 per employee, per quarter (excluding the fourth quarter), in 2021 for qualified wages. This can potentially reach up to $26,000 per employee.

It is very likely that most businesses, especially with 5 or more w-2 employees will qualify and can simply follow the questionairre and get the refund you deserve for you and your business.

If you need additional help with this or marketing for your business please reach out.

Take the free check to see if you qualify. 

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