Experience

Small Business Lending Source

• United States
• Financial Services
• 1 - 100 Employee

• Senior Consultant

  • Mar 2018 - Present

  www.ercadvisorygroup.com Let me ask you a few questions: Are you a small business with 2-500 full-time W-2 employees? Was your business partially suspended in 2020 (such as a Stay-at-Home Order or capacity restriction)? OR Did you experience a 50% decrease in receipts compared to 2019? If so, keep reading. I’m in the business of helping small businesses such as yours receive an Employee Retention Tax Credit (ERC). As of 3/1/2021 the 2020 ERC program provides a 50% credit of up to $10,000 of "Qualified wages" paid by eligible employers from 3/12/2020-12/31/2020. ERC is: * Funded by the CARES Act * Up to $33K per Employee * Available regardless of whether you received a PPP loan * Our accounting team will pre-qualify your business for rebate * Don't wait to apply Our team has helped get Employee Retention Tax Credits for: * Hair Salon $107,792.22 for 2020 - 36 employees * Single-location pizza shop $58,255.95 for 2020 – 26 employees * Home healthcare staffing firm $599,891.59 for Q1 2021– 195 employees * ESL school, Non-profit - $111,150.41 for 2020 – 25 employees * General contractor $364,283.71 for 2020 Q1– 59 employees Additionally, Congress passed the American Rescue Plan Act (ARPA) on 3/11/2021. ARPA extended the ERC program to all of 2021, including a 70% on $10,000 of “Qualified wages” in each quarter of 2021. The revenue reduction criteria was also relaxed to only a 20% decrease. Get up to $28,000 per employee for 2021. Sounds easy, right? The process of identifying the maximum amount of “Qualified Wages” is tedious, time-consuming, and subject to 100+ pages of IRS regulations. Doing it wrong could lead to: * Denied PPP Forgiveness * Audits, interest, and penalties * Leaving money "on the table" * Missing out on this once-in-a-pandemic opportunity Our team of CPAs and tax professionals will: 1) Confirm your eligibility 2) Optimize your ERC refund, and 3) Complete the paperwork to get you paid! Go to www.ercadvisorygroup.com to APPLY TODAY.