Your business could receive a refund of up to $26,000 per employee

Claim your credit for businesses that suffered financial losses during the pandemic, but kept their employees on. 

ERC eligibility was expanded and extended as part of the Consolidated Appropriations (CARES) Act, 2021 to include employers who received loans under the Paycheck Protection Program (PPP), along with those who did not. Now, you may be able to claim an ERC credit.

If your business experienced a decline in total receipts in 2020 and/or 2021, but you retained your employees, you may be able to secure your payroll tax refund through our trusted partners*. 

MINIMUM BUSINESS REQUIREMENTS:

• Been in business a minimum of 2 years 

• Minimum of 2 employees during Covid Period

• Sustained full/partial suspension of operations due to orders from a governmental authority during 2020 or first three quarters of 2021 

• Experienced a significant decline in gross receipts during same period 

• Qualified as a recovery startup business for the third of fourth quarters of 2021  

DOCUMENTS USUALLY REQUIRED:

• Form 941/941-X - Employer’s Quarterly Federal Tax Return 

This form lists the federal tax income along with other payroll taxes that have been withheld each quarter. Each Form 941 will have three pages for each quarter that qualifies for 2020 and 2021. Form 941-X is used to correct mistakes on a Form 941 you already filed. 

• Detailed Payroll Reports 

This includes a full list of all employees’ names, the date they were paid, and their gross wages. 

• PPP Loan Application and Forgiveness 

If you received a PPP loan or forgiveness, you would likely need the information used to apply for the PPP loan. 

• Basic Information about your Business 

This should include a description of your business, the location of your business and employees, and employee work hours (including if any employees were on a reduced schedule).