What is the Employee Retention Credit?
What is the Employee Retention Credit?
And is my business eligible for it?
Even if your business was only nominally impacted by the global pandemic, your business is likely still eligible for up to $26,000 in stimulus funds through the Employee Retention Credit (ERC).
Even if your business was only nominally impacted by the global pandemic, your business is likely still eligible for up to $26,000 in stimulus funds through the Employee Retention Credit (ERC).
Let that resonate for a minute.
Let that resonate for a minute.
This credit can significantly benefit companies struggling to retain employees due to the current economic challenges.
This credit can significantly benefit companies struggling to retain employees due to the current economic challenges.
But don't assume your business is not eligible if it has already received a Paycheck Protection Program (PPP) loan - that's not necessarily true!
But don't assume your business is not eligible if it has already received a Paycheck Protection Program (PPP) loan - that's not necessarily true!
The same goes for your revenue stream - you may still be eligible even if you did not experience a reduction in revenue!
The same goes for your revenue stream - you may still be eligible even if you did not experience a reduction in revenue!
Encourages Employee Retention through ERC
Encourages Employee Retention through ERC
The ERC incentivizes businesses to keep their employees on payroll by offsetting a portion of their payroll taxes. By utilizing this credit, your company can cover specific expenses related to employee wages and other eligible costs, even if you've already received a PPP loan or if your business did not lose money as a result of the pandemic.
The ERC incentivizes businesses to keep their employees on payroll by offsetting a portion of their payroll taxes. By utilizing this credit, your company can cover specific expenses related to employee wages and other eligible costs, even if you've already received a PPP loan or if your business did not lose money as a result of the pandemic.
Meets Eligibility Criteria
Meets Eligibility Criteria
To qualify for the ERC, businesses must meet specific eligibility criteria - but navigating that complex process is challenging, to say the least. However, Biz Head Law leverages veteran tax attorneys and former congressional policymakers to make this process quick, easy and seamless for businesses like yours. In fact, they have already found more than $100 million in government incentives for their clients!
To qualify for the ERC, businesses must meet specific eligibility criteria - but navigating that complex process is challenging, to say the least. However, Biz Head Law leverages veteran tax attorneys and former congressional policymakers to make this process quick, easy and seamless for businesses like yours. In fact, they have already found more than $100 million in government incentives for their clients!
Biz Head Law is dedicated to providing top-quality legal services to businesses of all sizes, including helping them obtain their Employee Retention Credit money. With decades of experience in the industry, Biz Head Law has developed a reputation for excellence and a deep understanding of the legal challenges facing today's business owners. Their mission is to help businesses succeed by providing practical and effective legal solutions that meet their unique needs. And they are committed to staying up-to-date on the latest legal developments and using innovative strategies to help their clients achieve their goals.