does your business qualify for the ERC?
The Employee Retention Tax Credit (ERC) is a program enacted under the CARES Act which refunds a maximum of $5,000 per W-2 employee for 2020 and $21,000 per W-2 employee for 2021.
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What Is ERC?
What Is ERC?
The Employee Retention Tax Credit (ERC) program is intended to help small businesses who kept employees during the pandemic but are feeling the pain from it now.
Some businesses have not felt the true effect of the pandemic until recently. Similar to tossing a rock into a pond, it takes while for the ripples to reach the shore. These post-pandemic effects have had a delayed impact on many businesses. The ERC program is designed to counter that impact.
The time to take action is now as some members of Congress have proposed an early end to this program, as soon as May 15, 2023! There are multiple ways to qualify for the ERC, and Runey Solutions is here to walk you through the process to get you the maximum amount if you qualify, risk-free.
FAQs
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While any company can try to get qualified, not every business qualifies for ERC tax credit. There are industry, state, and circumstances which determine whether you qualify for this credit and for how much.
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You likely can't claim $26k for every employee, but we can work with you to get the highest amount possible!
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Not every COVID impact qualifies a business. We’re here to help make sure you don't miss any potential credit you could have.
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Not every government guideline qualifies a business, so working with us will make the qualification part much easier.
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Claiming PPP affects how much ERC can be claimed. We make sure you get every possible dollar you can at Runey Solutions.
To help you understand more, we’re here to shed some light on ERC tax credits. Here are common questions asked by our prospective clients:
Our Clients’ Tax Savings
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