Employee Retention Credits (ERC’s) are refundable tax credits designed to reward business owners for retaining employees throughout the COVID-19 pandemic. It’s now 2023, but employers can still apply for the credit retroactively.
Call now: 385-276-0506
or fill out the form.
Trucking Co.
Primary reason for qualifying:
Experienced a significant decline in gross receipts in various quarters in 2020 and 2021 (compared to 2019).
PPP Loans?
Receive both a first and second draw PPP
Total ERC Credits
$3,600,000
Home Health Agency
Primary reason for qualifying:
Company was formed after February 15th, 2020 and qualifies for credits in Q3 and Q4 or 2020.
PPP Loans?
No PPP Loans
Total ERC Credits
$100,000
Construction Company
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q4 2020 compared to Q4 2019.
PPP Loans?
Receive both a first and second draw PPP Loan
Total ERC Credits
$336,000
Not for Profit Organization
Primary reason for qualifying:
Experienced a significant decline in gross receipts in various quarters in 2020 and 2021 (compared to 2019).
PPP Loans?
First Draw PPP Loan
Total ERC Credits
$40,000
Educational Services
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q4 2020 compared to Q4 2019.
PPP Loans?
First Draw PPP Loan
Total ERC Credits
$160,000
Attorney’s Office
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q3 and Q4 of 2020 compared to Q3 and Q4 of 2019.
PPP Loans?
Received both a first and second draw PPP Loan
Total ERC Credits
$300,000
Casual Dining Restaurant
Primary reason for qualifying:
Experienced a significant decline in gross receipts various quarters in 2020 and 2021 (compared to 2019).
PPP Loans?
Received both a first and second draw PPP Loan
Total ERC Credits
$415,000
Mining Company
Primary reason for qualifying:
Experienced a significant decline in gross receipts in 2021 compared to 2019.
PPP Loans?
Received both a first and second draw PPP Loan
Total ERC Credits
$110,000
Fast Casual Restaurant
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q2 2020 compared to Q2 2019
PPP Loans?
First Draw PPP Loan
Total ERC Credits
$18,000
