Get Paid Back for Keeping Employees on Payroll!
What is the ERC and is my Company Eligible?
Legacy Retention Credit has helped Businesses just like yours navigate the Employee Retention Credit.
The Employee Retention Credit is a refund that the Internal Revenue Service is offering to businesses that continued to pay their employees during the pandemic.
All W-2 wages paid to employees during 2020 and 2021 are considered for eligibility.
Every employee can potentially qualify for up to $5,000 for year 2020, and $21,000 for year 2021, for a total of $26,000 per employee.
This is paid by the IRS in the form of a check and is generally not taxable income (some states do require portions to be taxed).