ERC – A Little Known Stimulus Package That Helps Businesses With W2 Employees

What is the erc? the employee retention credit simply put it is a little known stimulus package that was released way back in march of 2020 and yes there have been so many changes so i want to give you the latest information, i even have this like cool chart i’m going to show you to see if you qualify and how much money your business can potentially get so you’re not going to want to miss this.

So you heard right, the erc employee retention credit is something that’s available to businesses all the way back from march 13th 2020 all the way through the end of quarter three of 2021. So we’re talking to business owners with w-2 employees, you could have a business of a 5 to 500 employees and it’s not just limited to like mom and pop shops.

This isn’t something that is you know in conflict with other government programs like stimulus checks, ppp you can still get this even if you got all that money as well in fact uh public organizations we’re talking, you know universities, non-profits even tribal businesses, they all can qualify for erc.

I have partnered with the erc specialists bottomline and they are a company. They help businesses get money from government since 2009, and i personally vetted them. Their sole purpose is to assist business owners who have w-2 employees that qualify for erc, to file the necessary paperwork with the IRS and get their money immediately. This is without any upfront cost.

They take a small fee when you get paid and that fee is actually when you receive the grant check. This is not a loan, it’s money you have already paid. This governmental program will allow the IRS to return it to you. now let’s take a look right here at a couple of qualifiers. you’ve probably heard of this, a revenue qualifier, now what that means is if your gross receipts were in decline in 2020 when you compare it to 2019 then you’re gonna qualify for the whole year.

It’s quite simple, but there are other qualifying factors. This qualifier will apply to 2020 or 2021. now simply put, if your business or trade was partially suspended because there was like a governmental mandate that placed restrictions on your business, like you got to close your doors or you gotta have reduced capacity, then you could qualify for erc even if you were doing better in 2020 and 2021 compared to 2019.

While you can continue to run your business, the government shutdowns have basically disrupted your normal operations. Recently there’s a qualifier, it’s like a supply chain disruption. Imagine your business being impacted nominally, which is more than 10% because you can’t obtain the supplies you need. This is going to bring in many other essential businesses. think of the manufacturers, i was talking to like one of my auto mechanics. He said, “Yes, we never closed down. We actually did better than we did before.”

It’s almost like “I know” but if your business couldn’t obtain the parts it needed, such as tires or transmissions, then that would be another qualifier. You’re likely to be able get some money in 2020 as well as 2021.

If you are a small business owner and would like to speak with an ERC Specialist then you can give us a call at 1-877-359-3883 or visit us at http://ErcGrantCheck.com

More info about erc irs just go to the best webpage: here

Leave a Reply