No. The Employee Retention Credit is a fully refundable tax credit that eligible employers claim against certain employment taxes. It is not a loan and does not have to be paid back. For most taxpayers, the refundable credit is in excess of the payroll taxes paid in a credit-generating period.

Yes! The first step in the process is to speak with one of our attorney either over the phone or on a video conference to discuss your tax credits and answer any questions you have.

Very little, our streamlined processes allow you to complete the process in under an hour. Upload a few documents (if applicable) like your your payroll tax returns (5 minutes), fill out an online questionnaire (10 Minutes) and sign your ERTC summary once we prepare it. We take on all the work so you don't have to.

Yes. While an employer may not include wages funded by a PPP loan in the ERC calculation, PPP funds only apply to eight to ten weeks of wage expenses. The ERC eligibility periods are longer. PPP loans can also fund non-wage expenses. For ERC purposes, it is most important to develop work papers that allocate the PPP funding across the entire 24 week Covered Period. PPP funding may be allocated to wages that would not generate any ERC (e.g., to owners of the company or to wages in excess of $10,000 in one of the four ERC credit generating periods).

Yes, the U.S. government has a set amount of credits left to give out. We estimate this credit will only be available until May of 2023.

Almost every business that had 1 or more employees during 2020 or 2021 is eligible, our attorneys can discuss your exact situation with a free consultation.

The ERC is a refundable payroll tax credit that can be as high as $5,000 per employee in 2020 and as high as $21,000 per employee in 2021.

ERC credits are calculated based on the qualifying wages paid to employees during eligible employer status. For most companies taking advantage of this program, the refundable tax credits are well in excess of the payroll taxes paid by the employers. ERC benefits can be larger than the amounts a company received in PPP funding.

Small employers receive enhanced benefits under the ERC regime. Specifically, for the time they are an Eligible Employer, they can include wages paid to all employees. Large employers can only include wages paid to employees for not providing services.

No. An employer may include wages paid to part-time and full-time employees in the calculation of the ERC. The only limitation on the calculation of the credits is that an employer may only calculate the credits on the first $10,000 of wages and health plan costs paid to each employee during each credit-generating period.

Yes. Employers using a PEO are still entitled to claim the Employee Retention Credit.

Our lawyers can control the quality of our work, but we cannot control the behavior of the IRS. While the chances of an audit are extremely remote, if a business advances a good faith position that it is entitled to the credit, an audit should not be of meaningful concern. Our attorneys will advise you regarding what information a business needs to gather to qualify for the credit.