Thank you for contacting us in regards to the Employee Retention Credit (ERC). The Employee Retention Credit (ERC) provides a refundable tax credit of up to $5,000 per eligible employee for 2020 and up to $7,000 per eligible Employee per Quarter in 2021 (up to $28,000 per employee in 2021)
Please answer the 8 preliminary questions in the form and submit to us for further review to determine initial eligibility. Items with (*) Asterisks are mandatory and need an answer, other ones can be provided later but ultimately are required : We would need documentation that your gross receipts has indeed decreased as indicated below and we would not be able to proceed if you are unable to provide documentation at a later time.
More than 50% owners who are employees and related party employees do not qualify for the Employee Retention Credit. Even less than 50% owners don’t qualify under many circumstances. . Related parties include Spouse, Child or descendant of a child, brother, sister, stepbrother, or stepsister. The father or mother, or an ancestor of either. A stepfather or stepmother. A niece or nephew. An aunt or uncle. A son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law.
Complete the following preliminary eligibility form to find out if you may qualify:
Kindly call us at (310) 202-1010 after you submit your answer as sometimes they do not come through. We will review and then contact you with further questions.
Note: Additional conditions and requirements apply to determine the eligibility. There are also alternatives.
Complete the following preliminary eligibility form to find out if you may qualify:
Please call (310) 202-1010 after you submit the information in order to make sure we received it as sometimes the submissions don’t get through.