Our team has helped secure over $45 million in credits for our clients! You can qualify for substantial stimulus relief if your business was impacted by COVID.
Secure The Employee Retention Tax Credit (ERTC) for COVID-19 relief for your business today. For qualifying organizations, there is no need to pay back the tax credits you received. Our team has helped secure over $45 million in credits for our clients! You can qualify for substantial stimulus relief if your business was impacted by COVID.
If your business struggled during COVID or was shut down, discover if you qualify to apply for a tax credit that pays up to 50% of your employees’ wages in 2020 and up to 70% of your employees’ wages in 2021.
The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to encourage employers to keep their workforces intact during the COVID-19 pandemic. Notice 2021-49 addresses various issues, particularly those related to the extension of the credit through 2021 by the American Rescue Plan Act (ARPA).
The guidance comes as Congress weighs ending the ERC early to help offset the costs of the pending infrastructure bill. As of now, the credit is worth as much as $28,000 per employee for 2021, or $7,000 per quarter.
Understanding Employee Retention Credits
IRS issues ERC guidance as Congress mulls early termination
Major Updates to the Employee Retention Credit
Make the most of the Employee Retention Credit
Urgent Update: ERC Claim Deadline is Proposed to Change
Please note: YHB’s Winchester office is temporarily closed to the public while we move to our new home at 160 Exeter Drive, Suite 200, Winchester, VA. We will reopen December 2nd.