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The employee retention credit is still available!
The employee retention credit is still available!
If you haven't claimed it, here's what you need to know:
The Employee Retention Credit (or "ERC") is a generous stimulus program designed to bolster businesses that were able to retain their employees during the Covid-19 Pandemic by giving them a refundable tax credit check.
Some of the benefits of this program include:
✅ Up to $26,000 per employee
✅ No limit on funding (ERC is not a loan)
✅ Flexible use of funds
✅ Available for 2020 & Q1-Q3 2021
If you haven't claimed your credit, be sure to reach out to your CPA as soon as possible!