What is the Employee Retention Tax Credit Refund?
The Employee Retention Credit ( also known as ERC or ERTC) is a grant of up to $26,000 per W2 Employee for employers who retained their employees during periods of hardship due to COVID-19.
The ERC is a grant and not a loan, meaning, it does not have to be paid back and can be used however you would like. A business could even distribute the money to the shareholders.
Depending on a company's eligibility for the ERC, the ERC can be claimed for wages and health expenses paid between 3/13/2020 and 12/31/2021.
If you're interested in finding out if you are eligible, take out 30-second eligibility quiz here. [ Ссылка ]
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*This content is meant for informational purposes only. Please always consult a professional advisor or CPA.
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