EMPLOYEE RETENTION TAX CREDIT

Like the PPP, the ERC program was created by the government to help businesses recover from the economic impact of COVID-19. In order to achieve this goal, the program offers the following benefits for businesses that qualify:

  • Up to $26,000 per W-2 employee
  • No limit on available funding
  • Does not have to be repaid
  • ZERO restrictions on how you use it
  • Can be claimed for 2020 and 2021