Qualifying
Do I Qualify?
If you didn’t have any W2 Employees in 2020 or 2021 then, at this time you don’t qualify.
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).
Let’s Talk!
Consultations and qualifying are free!