The Employee Retention Credit (ERC) is a stimulus program designed to help businesses that were able to retain their employees during the COVID-19 pandemic. It was signed into law on March 27, 2020, as part of the CARES Act.

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ERC is a refundable tax credit.  ERC is not a grant or a loan, but a refundable tax credit. The ERC is available to both small and mid-sized businesses anywhere in the United States.  It is based on qualified wages and healthcare paid to employees.

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• ​UP TO $26,000 PER EMPLOYEE

• AVAILABLE FOR 2020 & Q1 - Q3 2021

• QUALIFY WITH DECREASED REVENUE OR COVID EVENT

• NO LIMIT ON FUNDING (ERC IS NOT A LOAN)

• ERC IS A REFUNDABLE TAX CREDIT