Business
How Business Owners Can Unlock Up To $26,000 per Employee Thanks To Revolutionary New Program

Listen up entrepreneurs, the Employee Retention Credit (ERC) is a game-changer for businesses that managed to keep their employees during the Covid-19 crisis. This program, brought to you by the CARES Act, is a no-brainer – a refundable tax credit that can be claimed as a GRANT, not a loan. That’s right, you can get paid just for retaining your employees!
The ERC is available to both small and mid-sized businesses, and is based on the qualified wages and healthcare expenses you pay to your employees. In 2020, you could claim up to $5,000 per employee, but in 2021, it’s even better – you can receive up to $7,000 per employee per quarter! That’s an average of $26,000 per employee for this time period.
Don’t wait, take advantage of this opportunity today!
Book a FREE call with our team to see if you qualify today!
The Employee Retention Credit (ERC) is a game changer for businesses hit hard by COVID-19. Thanks to the Coronavirus Aid, Relief and Economic Security (CARES) Act, this tax credit is helping businesses keep their employees and stay afloat during these challenging times.
The benefits of ERC are crystal clear – you get cold, hard cash from the IRS to help your business grow, either by investing in the company or hiring new team members. It’s a win-win.
To qualify for ERC, you need to be a business impacted by COVID-19 and have kept your employees on the payroll in 2020 and 2021. The amount of compensation you can receive depends on factors like wages paid and healthcare expenses, but you could see anywhere from $10,000 to $26,000 per employee.
Just because you took a Paycheck Protection Program (PPP) loan doesn’t mean you can’t get ERC too – as long as you didn’t use the loan for the same wages ERC covers. And the best part is unlike PPP, the money you receive from ERC is NOT a loan and never needs to be paid back.
One thing to keep in mind: each quarter may have different eligibility requirements, so it’s smart to get advice from a financial advisor or an accredited intermediary. They can help you figure out your eligibility and maximize your compensation through ERC. That is why you want a trusted consulting company like Bottomline Concepts to help you apply for this money and get approved for the maximum amount of free government funding that you are legally eligible to receive.
At Bottomline Concepts, Joe Bosco has extensive experience and knowledge on how the Employee Retention Credit works, how you can apply and get approved and how it can benefit your business. He has outlined three main ways that ERC can help your company:
- Receive compensation ranging from $10,000 to $26,000 per employee
- Eligibility for ERC even if you received PPP
- Earn income by referring other businesses by becoming a referral partner
Don’t miss this once-in-a-lifetime opportunity to improve your business’s financial stability. Book a call with Joe and his team to learn more about the Employee Retention Credit and see if your company is eligible.
To schedule a call, simply schedule a call on our calendar and select your preferred date and time, and we will get back to you promptly to confirm.
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