Apply for Employee Retention Credit (ERC)!
The federal government established the Employee Retention Credit (ERC) to provide a refundable employment tax credit to help businesses with the cost of keeping staff employed.
Eligible businesses that experienced a decline in gross receipts or were closed due to government order and didn’t claim the credit when they filed their original return can take advantage by filing adjusted employment tax returns. For example, businesses that file quarterly employment tax returns can file Refunded, to claim the credit for prior 2020 and 2021 quarters.
Do I qualify for ERC credit?
There are two ways for an employer to qualify for the ERC. The first is to have the requisite decline in revenue for any eligible quarter in in 2020 or 2021. The second is if your business has a full or partial suspension under government orders. The revenue decline test differs for 2020 and 2021.
Can I still apply for the employee retention credit in 2022?
Businesses Have Until 2024 to Claim the Employee Retention Tax Credit Retroactively. Businesses can no longer pay wages to claim the Employee Retention Tax Credit, but they have until 2024 to do a look back on their payroll during the pandemic and retroactively claim the credit by filing an amended tax return.
To book an appointment with the top ERC processor in the country, click here www.ezpaymerchants.com to fill out the Qualify Me section and book a calendar date appointment.
Note: ERC has processed over 12 thousand applicants and have gotten back over 2 Billion dollars in refund for their clients.
