Guide to Claiming Your Employee Retention Tax Credit (ERC) [Free Download]
The expansion and extension of the ERTC program allow for more businesses to be eligible to claim the credit. However, as with many government expanded programs, the new changes and guidelines can be complex and difficult to comprehend.
To help you better understand the ERTC, who is eligible, and how to claim it, we’ve put together a simple guide.
Employee Tax Credit Questions We'll Cover
What Employers Qualify for the ERC?
The eligibility of an employer is predominantly determined by one of the following two factors – one of which must apply in the calendar quarter the employer wants to claim the credit.
What Wages Qualify when Calculating the ERC?
Qualified wages are considered to be wages and compensation subject to FICA taxes that are paid by an employer to full-time employees.
How does a Business Claim the ERC?
If your business is eligible for the ERTC we can assist by reviewing qualified wages, calculate credit amounts, and file amended returns.
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