3300 N Triumph Blvd Lehi, Utah, 84043 United States
Company Details
About ERC Specialists
COVID-19 has been a challenge for all of us. As the world shut down the economy came to a halt, leaving the future of many businesses in a precarious position. As we begin to find normalcy again, businesses now have to focus on recovering and fortunately, several government programs are easing this process.
One such program is the Employee Retention Credit or ERC, which is a generous stimulus program designed to bolster those businesses that weÂ’re able to retain their employees during this challenging time. Due to the extremely complex tax code and qualifications, it is severely underutilized. Details of the program include:
Up to $26,000 per employee
For Businesses with 500 employees or less
Available for 2020 & Q1 – Q3 2021
Qualify with decreased revenue OR Federal, State or Local restrictions due to covid
No limit on funding (The ERC is not a loan)
ERC is a refundable tax credit
