At its core, the ERC is a refundable tax credit equal to 70% of up to $10,000 in qualified wages paid to each employee between March 12, 2020, and December 31, 2021. The maximum credit per employee is $7,000 per quarter, which means eligible businesses could potentially receive up to $28,000 in credits per employee for the entire 2021 calendar year. To be eligible for the credit, businesses must have experienced a significant decline in gross receipts or been fully or partially suspended due to a government order.
However, navigating the program's eligibility requirements and application process can be daunting for business owners. That's where ERTC Experts comes in. Their team of tax refund experts can help you navigate the program and maximize your refund. With their expert guidance, you can be sure you're taking advantage of all the tax credits and deductions available to your business, helping you save money and grow your business.
ERTC Experts provides a wide range of services to help you navigate the ERC program, including:
Plus, ERTC Experts provides personalized support and customer service, ensuring you have the guidance you need every step of the way. They can help you understand your options and develop a strategy to maximize your refund, all while ensuring you stay compliant with IRS regulations.
Don't wait, contact ERTC Experts today and start taking advantage of the tax benefits available to your business through the Employee Retention Credit. With their expert guidance, you can save money, grow your business, and achieve your financial goals.