Employee Retention Credit

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The Employee Retention Tax Credit (ERC) is the largest government stimulus program in history. Find out if your business is eligible to receive a grant of up to $21,000 per employee!
Most Business Owners Don’t Realize They Can Qualify:

Receive up to $21,000 Cash for Each W-2 Employee

The Employee Retention Tax Credit (ERC) is the largest government stimulus program in history.

Find out if your business is eligible to receive a grant of up to $21,000 per employee!

CPA’s

Each business account is overseen by a licensed CPA who provides full ERC Audit protection

+$21,000

Maximum payout for each employee awarded in tax credits towards your business

$200K

Average Credit Size per
ERC Application

The Employee Retention Credit

The Employee Retention Credit (ERC) is a tax credit introduced by the U.S. government as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020. Its purpose was to provide financial assistance to businesses and organizations affected by the COVID-19 pandemic to help them retain their employees.

The ERC was designed to incentivize employers to keep their employees on the payroll during periods of economic uncertainty and disruption caused by the pandemic. It provided eligible employers with a refundable tax credit against certain employment taxes. The tax credit provided a percentage (initially 50% and later increased to 70%) of qualified wages paid to employees, up to a certain limit. The maximum qualified wages per employee were $5,000 per year in 2020 and $7,000 per quarter in the first three quarters of 2021.

As of April 15, 2024, business owners can no longer claim any ERC for the year 2020. There is still Tax Credits available for 2021 that you may qualify up to $21,000 per W-2 employee.

  • UP TO $21,000 PER EMPLOYEE
  • AVAILABLE FOR Q1 – Q3 OF 2021
  • QUALIFY WITH DECREASED REVENUE OR FULL/PARTIAL SUSPENSION OF OPERATIONS DUE TO A GOVERNMENT ORDER

Restaurant

$89,662 for
7 employees

Distribution

$331,694 for
20 employees

Health Care

$621,016 for
40 employees

Non-Profit

$160,447 for
6 employees

ABOUT US

Certified Public Accountants

ERC.CPA is a certified public accounting firm that also offers Employee Retention Credit (ERC) services related to COVID-19. Our services aim to assist businesses in claiming the ERC, a tax credit designed to help employers keep employees on their payroll during the pandemic. Our team of professionals are knowledgeable about the ERC and the eligibility requirements for claiming it.

We take pride in our strong customer support team. We understand the challenges businesses face during the pandemic and are committed to providing timely and accurate guidance throughout the ERC claiming process. Our team is highly responsive and communicates effectively with clients to ensure they understand the eligibility requirements, calculation methods, and documentation needed to claim the credit. We also assist clients in answering any questions or concerns they may have about the ERC or other COVID-19 relief measures. Our customer support team provides a valuable resource for businesses seeking assistance with the ERC during these difficult times.

Introducing the 100% Done-For-You ERC Service from ERC.CPA

How Will The Process Work?

ONCE YOU’VE APPLIED WITH US, THE NEXT STEPS ARE…

1.

Data Gathering

Use our secure portal to upload your 941 returns, PPP loan documents, and raw payroll data.

2.

Credit Calculation

We will use our expertise to calculate the exact value of the credit you can receive from the IRS.

3.

Amending Returns

We will prepare and help file the 941-X Amended payroll returns.

4.

Get Paid

The IRS will process the credit and mail you a check.

Why ERC.CPA?

Quick

Easy

Reliable

Program Experts

This is all we do, and we’re the best in the industry at it. See for yourself.

Quick & Easy

Our streamlined process has some clients filing claims in as soon as 1 – 2 weeks.

Secure Process

Put your mind at ease. Our secure Client Portal protects your sensitive information.

Low Risk

Receive an initial ERC estimate at no cost, with minimal time invested up front.

True Consulting

Allow us to fully document your eligibility and calculate your maximum ERC.

Amended Filings

Our deliverable is ready-to-file with the IRS without involving your payroll company.

STREAMLINE YOUR APPLICATION PROCESS & MINIMIZE ANY POTENTIAL RISKS

Why Choose Us Over Other ERC Service Companies?

Determining Factor Miod and Company Other Companies
Professional Certifications Trusted Tax Professionals Promoter or Marketer (No tax professionals)
Fee Structure Value Add Professional Engagement Contingency Fee
Rules & Regulations Comply with Applicable Rules/Regulations Ignore the Rules/Regulations
Eligibility Analysis Independently verifies your eligibility Little to no regard for guidelines
Preparer Identification # Supplies firm tax identification number Return does not supply a tax identification number
Support Documentation Provides documents supporting computations Refuses to provide documents supporting computations
Level of Service Provided to Clients White Glove Treatment + Much More Handles client's needs without exceptional care & attention

TESTIMONIALS

Proven Outcomes

“We could not have accessed ERC without the help of ERC.CPA team. They guided us through the complex application process and ensured that we received the maximum benefit available to us. We would not be able to take full advantage of this program without their help. Thank you!”

-RK

“We are so grateful for the support and guidance that Miod provided. They were knowledgeable, professional, and responsive to our needs throughout the entire process. ERC has allowed us to keep our employees on board and continue to operate our business despite the economic challenges of the past year.”

-JS

“I am so grateful for the assistance that the provided in helping us navigate the employee retention credit. We were able to receive a significant amount of money that has helped us to keep our employees on staff during a difficult time. Thank you so much for your help!

-SC

Frequently Asked Questions

What is the Employee Retention Tax Credit (ERTC)?
The Employee Retention Tax Credit is a tax credit offered to employers that have experienced significant revenue loss or have been fully or partially suspended due to COVID-19. The credit is designed to encourage employers to keep employees on their payroll by providing a credit for a portion of the wages paid to employees.
Who is eligible for the Employee Retention Tax Credit?
Eligible employers include those who experienced a significant decline in revenue or were fully or partially suspended due to COVID-19. Specifically, employers with gross receipts that experienced a decrease of more than 50% in the comparable quarter in 2020, or less than 80% of the comparable quarter in 2021 when comparing to the 2019 quarter are eligible. Those who were fully or partially suspended by government order are also deemed eligible.
Can I qualify for Employee Retention Tax Credit if I am a 1099 contractor?
No, as a 1099 contractor, you are considered self-employed and not an employee of the company. Therefore, you cannot qualify for the Employee Retention Tax Credit based on your own wages or compensation. However, if you have employees working for you, you may be eligible to claim the credit for wages paid to those employees if you meet the eligibility criteria.
What if my revenue went up in 2020 or 2021? Can I still qualify for Employee Retention Tax Credit?
If your business experienced an increase in revenue in 2020 or 2021 compared to the same period in the prior year, you may still be eligible for the Employee Retention Tax Credit if your business was impacted by a government shutdown order or a significant decline in gross receipts. Specifically, you may qualify for the credit if your gross receipts in any quarter of 2020 or 2021 were less than 80% of the gross receipts in the same quarter in 2019.

Alternatively, if you were not in business in 2019, you can compare your gross receipts in any quarter of 2020 or 2021 to the same quarter in 2020. If your gross receipts declined by more than 20%, you may be eligible for the credit.