Employee Retention Credit Tax Credit Has Been Expanded!
Employee Retention Credit Tax Credit (ERTC) is an incentive program that provides economic relief to employers whose operations were impacted by the pandemic and continued to pay employees. It has been extended and expanded. So now is the chance to be eligible to bank this hefty credit before it’s gone. The credit can create huge economics for your business, for 2021 it is 70% of qualified wages. To become eligible for ERTC your business must have a full or partial shutdown, or your business experienced a significant decline in gross receipts, or you just started a new trade or business after Feb 15 2020.
If you have questions about ERTC and need help. Please do not hesitate to call us at (832) 295-3353 to schedule an introduction meeting. You can also set up an appointment with us at https://xqcpa-bookme.acuityscheduling.com/schedule.php. Last but not least, please like and share our daily posts. #tax #business #employee #employeeretention #smallbusiness