The ERTC can get your small business up to $26,000 per employee from the federal government just by asking. 

Can Your Business Qualify for the ERTC?

Here’s a little-known secret: the Employee Retention Tax Credit does just that. Congress passed ERTC at the beginning of COVID to incentivize employers to retain employees. As with all things Congress touches, the rules are complex and ever-changing. However, our experts at Tax Time can navigate the rules for you.

Highlights about ERTC:

  • To qualify for ERTC, your business must demonstrate a negative impact from Covid-19. We know that is vague and broad, but would you expect anything else from the government?
  • You can apply for up to $26,000 per employee ($5,000 for 2020 and $21,000 for 2021).

We can sense your skepticism. We all hear the radio commercials or see the Facebook ads promising you free money. Companies offer to help small business owners access the funds whenever Congress passes similar programs. This can feel very predatory (because it is).

Avoiding Penalties

Unfortunately, many small business owners fall prey to companies that charge exorbitant fees. Even worse, after taking your money, they often disappear when faced with an audit or if more information is needed. This leaves you open to penalties without recourse to the companies who filed for you.

Given the doubts, the first questions you may have is:

  • Is this real? The short answer is – YES!
  • Second, you can get help without getting ripped off. Protect yourself from a scam by engaging with a long-term company.

Tax Time CPAs recently helped a company get over $100,000 related to the ERTC so we have the experience and knowledge to allow you access these funds.

  • In addition, we are a company set to be around for a long time, so we won’t disappear if you need assistance. Call our office today to schedule an appointment to determine what you might qualify for.