Consultation2023-05-09T20:00:25+00:00

Get a personal consultation

Jeffery from ERC Business Solutions
Jeffery
ERC Consultant Expert
  • Up to $26,000 per employee

  • No limit on funding

  • ERC is a payroll tax refund (not a loan)

Common Questions Answered

Do We Need to Do This Now?2023-03-23T20:14:16+00:00

Time is of the essence as the ERC program has technically expired. We have a limited window of time to claw back the money which is rightfully owed to you. The program could run out of allocated funds at anytime and is subject to the whims of congress. Don’t delay!

Won’t We Have to Pay This Back?2023-03-23T20:15:50+00:00

It’s a refund of payroll taxes. You do not need to pay it back because It’s YOUR money! There are no limitations on how you use it.

How Can I Tell if My Business Will Qualify?2023-03-23T20:19:31+00:00

The IRS expects 70% – 80% of small and medium businesses to qualify. If your business experienced disruptions to commerce, travel, or group meetings, you qualify! This includes supply chain disruptions, price increases, staffing shortages, difficulty hiring, reduced hours, reduction in goods or services offered, were unable to travel, or attend conventions. Talk to one of our Refund Specialists to find out more.

What Are The Differences Between the PPP and ERC?2023-03-23T20:21:27+00:00

The main differences are that the PPP was a forgivable loan. ERC returns the payroll taxes that your business has already paid. Once you receive the ERC funds from the US Treasury, no further action is required on your part.

I’m Not Familiar With The Employee Retention Credit. What Is It?2023-03-23T20:24:06+00:00

The Employee Retention Credit (ERC) is a refundable payroll tax credit. Born out of the same CARES Act as PPP, its aim is to provide economic relief for small and medium businesses who retained employees during the COVID-19 pandemic. Initially, eligible employers could only take either PPP, or ERC. In 2021, as part of the Consolidated Appropriations Act, Congress amended this provision, allowing businesses to apply for both.