Employee Retention Tax Credit

Are you a business owner seeking ways to effectively retain your employees and reduce costs? The Employee Retention Tax Credit offers appealing incentives that could meet your needs. In response to the challenges posed by the Coronavirus pandemic, the CARES Act introduced this tax credit as a means of providing financial assistance to businesses and supporting the retention of their workforce. This incentive is available for businesses until April 15, 2024, allowing ample time to explore and capitalize on its benefits. Educate yourself on this opportunity today!

The purpose of the Employee Retention Tax Credit (ERTC) or ERC Services is to incentivize employers to keep their employees on payroll amidst the COVID-19 crisis. This refundable tax credit provides eligible employers the opportunity to receive up to 50% of qualified wages as a credit. The maximum credit per employee is $10,000 for eligible wages earned between March 13, 2020, and December 31, 2020.