Add Employee Retention Credit
To Your Business Today
WHAT IS ERC?
Employee Retention Credit (ERC) is a tax credit introduced in the United States to encourage businesses to retain employees during challenging economic times, particularly in the context of the COVID-19 pandemic.The ERC was initially created as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 and was later modified and extended by subsequent legislation, including the Consolidated Appropriations Act, 2021, and the American Rescue Plan Act, both enacted in 2021.Key points about the Employee Retention Credit:Eligibility: Eligibility for the ERC depends on various factors, including the impact of COVID-19 on a business's operations and whether the business experienced a significant decline in gross receipts.Credit Amount: The credit amount is a percentage of qualified wages paid to eligible employees during a specific period. The maximum credit per employee and the maximum total credit per eligible employer may be subject to limitations.Qualified Wages: Qualified wages are generally wages and certain health plan expenses paid to employees. The definition of qualified wages and the calculation of the credit can vary based on the specific legislation in effect.Limitations: The ERC cannot be claimed for the same wages for which the employer claimed the Work Opportunity Tax Credit or certain other credits.Changes and Extensions: The legislation related to the ERC has undergone changes and extensions, so it's essential for businesses to stay informed about the latest updates to determine their eligibility and the applicable rules.
How do I get started?
At Add ERC, we connect you with the best tax professionals to ensure you get the funding you qualify for with simplicity and ease. Fill out the form below to get started with us and we will have a team member from our partner organization call you.
Complete our form
By completing our form, you accelerate your qualification and a member of our partner team can contact you to start the process.
Provide info virtually
Our partners are tax experts who work closely with the IRS to get you accepted for receipt of ERC. Simply provide the info requested once we call you and we'll walk you through every step along the way. You'll find yourself with ERC on its way to you in no time.
We have created a simple system for your company to get ERC
Keep In Touch
If you have any general questions, reach us here.
And remember...
- Get Tax Refund Checks from the IRS for ERC- Get qualified for all 6 quarters in only minutes- Complimentary analysis with zero upfront cost- You don't have to pay this back - ERC is not a loan- Our ERC partner's work is insured and given in writing
© Add ERC. All rights reserved.