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Latest Tax Incentive
Employee
Retention Credit
Take advantage of this new COVID-19 employee retention credit while it's available. If your business has been affected by the pandemic you will qualify.
Get up to $26,000 per employee in cash refunds for 2020 & 2021. You can still qualify even if you received 2 PPP loans.
What is the
Employee Retention Credit?
TURNING YOUR VISION INTO PROFIT
The Employee Retention Tax Credit (ERC) is 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. It was signed into law on March 27, 2020, as part of the CARES Act. The bill was significantly expanded in 2021.
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.
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