Eligible businesses get money refunded based on W-2 employees
NO UP FRONT COST
THIS IS NOT A LOAN! IT’S A REFUND!!
The IRS is offering a partial refund of your payroll expenses based on ONE of the following criteria:
1. You had a drop in revenues in 2020 or 2021 compared to 2019
2. You were restricted from running your business in some way (capacity limits, forced to reduce your hours, etc.)
IF EITHER OF THESE HAPPENED TO YOU THEN YOU QUALIFY FOR THE REFUND!
Employee Retention Credit Explained
What is the Employee Retention Credit?
The Employee Retention Credit (ERC) is a refundable tax credit against certain payroll expenses.