What if we told you that with the ERTC, you could get up to $26,000 per employee from the federal government for your small business and all you needed to do was ask for it? Would you be interested?
Can Your Business Qualify for the ERTC?
Here’s a little-known secret: the Employee Retention Tax Credit was designed to do just that.
ERTC is a program that was passed by Congress at the beginning of COVID as an incentive for employers to retain their employees. As with all things Congress touches, the rules are complex and ever-changing. However, our experts at Tax Time know how to navigate the rules for you.
Highlights about ERTC:
- In order to qualify for the ERTC, your business has to have been negatively impacted by COVID. We know that is pretty 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 to get you free money. Whenever programs like this are passed by Congress, companies pop up offering to help small business owners access the funds, and it can feel very predatory in nature (because it is).
Unfortunately, many small business owners fall prey to these companies that charge exorbitant fees to file the forms. 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 any 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 may be wondering; How do you get help and not get ripped off? The best way to protect yourself from falling victim to a scam is to engage with a company that will be around long-term.
Tax Time CPAs recently helped a company get over $100,000 related to the ERTC so we have the experience and knowledge to help 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 down the road. Call our office today to schedule an appointment to find out what you might qualify for.