Employee Retention Credit
in partnership with
Max credit $7,000 per employee, per quarter, through the first 3 quarters of 2021.Qualify by any one of these criteria:1. Modification of business operations due to a Covid-19 government order.or2. 20% Revenue decline in any quarter of 2021 when compared to the same quarter in 2019.
Examples of Modifications to Business Operations:
Limiting occupancy to provide for social distancing
Requiring services to be performed only on an appointment basis (if business previously offered walk-in service)
Elimination of waiting rooms or gatherings
Reduction of capacity in a dining room or waiting room
Change in service format (Ex: restrictions on buffet or self-serve dining; walk-in vs. curbside
Reduced operating hours
Reduction in employee hours worked
Recovery Startup Business Qualification Criteria
(for Q3 and Q4 2021 ONLY)
Business Operations began AFTER February 15, 2020
Annual Sales of less than $1 million
Submit your information below and schedule a call to learn more about the ERC criteria your business may be eligible for.
*Minimum of 5 eligible W-2 employees required after removing owners and family members on payroll.
Notes:
The ERC wage qualification period is 1/1/2021 - 9/30/21.The ERC claim period is as follows:
2021 ERC deadline is 4/15/2025