fbpx
Connect with us

Business

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

Published

on

If your business was negatively impacted by the pandemic, you may be eligible for this grant!

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.

Founder & Editor-In-Chief of Disrupt Magazine Tony Delgado is a Puerto Rican American software developer, businessman and activist. He has been the host of Disrupt Podcast where he interviews some major players in tech industry who are making waves around world with their innovative ideas to change the world. Inside the Disrupt Podcast is where you'll find inspiring guests who are making big impacts within tech industries as well! Tony has built a following of over a million entrepreneurs on social media, and helped businesses sell hundreds of millions of dollars online. Tony Delgado is not just a social media influencer, he's also an entrepreneur and philanthropist. His work in Puerto Rico after Hurricane Maria made him realize how important it was for young people on the island to have access to affordable education and internet. Tony hosts regular seminars & workshops throughout the island of Puerto Rico.

Become A Crypto Expert

Categories

Recent Stories

Trending


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.