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Employee Retention Credit

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Do you qualify?

Businesses qualify and so does the self employed.

Do you have less then 100 employees in 2020 or less them 500 employees in 2021?

In 2020 did your business decline by 50% or more then the same quarter of 2019. Then depending on what you paid to each employee or paid for their health benefits the credit is 50% up to $5,000

In 2021 if your business declined by 20% or more then the same quarter of 2019, the credit is 70% up to $7,000.

And you closed due to orders from our government due to COVID-19

Other information

If you received the PPP loan you still qualify for this credit.

If you started your business in 2020 you still qualify.

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