Employee Retention Credit

Get up to $26,000 per employee in cash refunds for 2020 & 2021

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NEED HELP WITH EMPLOYEE RETENTION CREDIT?

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With the Consolidated Appropriations Act, 2021, millions of small-business owners like you may now qualify for the employee retention credit(ERC),thanks to three big changes:

helping companies of all sizes

From the smallest businesses to larger corporations, we handle a wide range of cases and can provide services for your needs.

« What Makes us different »

We file a Power of Attorney and will represent you in the event of an audit!

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ERC – 80 PERCENT DEAL

19 Feb, 2024

First question: Is your employee retention credit (ERC) claim improper? Are you sure? If you’re sure, the IRS has a proposition for you.

And thanks to the latest new law, the American Rescue Plan Act of 2021 (ARPA), the already enhanced 2021 ERC is extended for an additional six months, through December 31, 2021. (new infrastructure bill in Congress is limiting the program through September 30, 2021)

Tax Savings Example

Employers from a variety of industries
have benefited from our ERC services.

Client Example

During the first quarter of this year (2021) your S corporation paid the following wage and health expenses.

	Wages	Health Expenses	Total Qualified Wages	Maximum Qualified Wages
Employee 1	$30,000	In wages	$30,000	$10,000
Employee 2	$10,000	$1,500	$11,500	$10,000
Employee 3	$12,000	$1,500	$13,500	$10,000
Employee 4	$15,000	$1,500	$16,500	$10,000
Total	$67,000	$4,500	$71,500	$40,000

Result

For the first quarter of 2021, the credit rate is 70 percent on up to $10,000 of W-2 wages per employee. Your ERC for the first quarter of 2021 is $28,000, or 70 percent of $40,000. That’s a hefty chunk of change.

The ERC is a big deal. It can put tens of thousands of dollars directly in your pocket to help offset your cost of paying employees during the COVID-19 pandemic.

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