The Employee Retention Tax Credit (ERTC) is an IRS tax credit designed to help small businesses retain their employees during these difficult times. The credit refunds payroll costs already spent.
There is no need to pay back the ERTC, and is in a sense, similar to the stimulus check that the everyday taxpayer received. Any business structure under 500 employees can potentially qualify. This includes even non-profits and start-ups.
In order to qualify for the ERTC your business had to have been affected in one of two ways.
A decline in gross receipts over a declared quarter. Over any declared quarter in 2020, a decline of 50% or more must be shown to claim the credit; however the credit is capped at $5,000 for the year. In 2021 the credit was expanded for businesses who only experienced a 20% reduction in revenue. For each individual quarter in 2021 businesses can be eligible for up to $7,000 in credits per employee.
Either a “Complete or Partial” Closure of your business. All across the United States, local government restrictions and mandates were put into place; social distancing, being compelled to work from home, or even the closure of your business in its entirety.
90% Approval Rating – But You Only
We help you secure
Lightning fast results
We respond and file as quickly as possible so you can get back to business as usual.
Industry Leading Team
Our team is comprised of attorneys, CPAs and experts in the finance industry.
Competitively Priced
Our fee for securing your funding is competitively priced based on results.
Dedicated representative
Free initial consultation
Maximum funding
Can you afford to
With $5000 from 2020
Our process to
You apply online
Get a no risk, no obligation filling estimate through our simple online platform
We calculate your ERC
Our efficient and experienced team will determine your maximum credit amount.
We file for you
Our experts complete your IRS filing for you, quickly and accurately to get your funding ASAP.
You get your funds
Get your funding from the IRS directly, with minimal involvement needed from yourself.
Are you eligible for ERC?
Still unsure?
The ERTC (Employee retention tax credit) is a refundable payroll tax credit designed to help businesses impacted by COVID-19, retain their employees. It was signed into law on March 27, 2020, as part of the CARES Act. The bill was significantly expanded in 2021.
Eligible businesses can receive up to $7,000 per employee per quarter for 2021. Yes, that's up to $28,000 per employee for the year! For 2020, eligible businesses can receive up to $5,000 per employee.
You can be eligible if you meet either one of two requirements: 1. Your company experienced a reduction in gross receipts. 2. You were subject to a government ordered mandate which forced your business to reduce operations.
2022 All Rights Reserved, Fundwise Capital LLC | Terms and Conditions | Privacy Policy
180 North University Avenue, Provo Utah, 84601