ERC Specialists

Let's talk about the Employee Retention Credit (ERC) in a way that makes sense for regular folks like you and me. The ERC isn't some fancy government jargon; it's more like a friendly hand helping businesses stay afloat during the rocky ride of the COVID-19 pandemic. It's like a buddy you can rely on when times get tough. So, in this article, we're going to break down the ERC in plain terms and explain why having an ERC tax service expert is like having a trusty co-pilot in this adventure. Who's Eligible? Imagine you're a business owner wondering if you can grab the ERC lifeline. It's like determining if you qualify for a discount at your favorite store. Here's the deal: To be eligible, you must have felt the pain of a big drop in your revenue, or you should've had to shut down partially or completely because of those pesky government orders. This drop in revenue should be quite noticeable - at least 50% less in any quarter of 2020 or 2021 comp

  Imagine having a hidden treasure chest that could save your business money while ensuring your employees stay on board. That's the magic of the Employee Retention Tax Credit (ERC). But here's the catch – many businesses haven't discovered this gem or are unsure how to tap into its potential. In this blog post, we're here to reveal seven secrets to help you unlock the full power of ERC resources . Master the ERC Basics ERC? It's not alphabet soup, but a game-changing tax credit introduced under the CARES Act 2020. Its mission: to help businesses retain their workforce during the COVID-19 storm. The score? 70% of qualified wages you have paid to employees, up to a cool $7,000 per employee per quarter. Know Your Eligibility You're standing at the ERC door, but is it the right door for you? To step inside, your business needs to meet specific criteria. Think of a significant gross receipt decline or being caught up in a government shutdown. To make the right call