Will Your Business Qualify?

Are you a business owner wondering if your business is eligible for the Employee Retention Credit (ERC)? The ERC is a payroll tax credit available to eligible businesses that the pandemic impacted. At ERCZilla, we specialize in helping businesses like yours claim their ERC refund. Here are some of the possible ways your business could have been impacted, which may mean you qualify:

1. Business Activity Suspension

If your business was fully or partially suspended due to a government order related to COVID-19, you may be eligible for the ERC. This can include orders that required your business to close, reduce operations, or change how you conducted business.

2. Gross Receipts Decline

If your business experienced a decline in gross receipts compared to the same quarter in the previous years, you may be eligible for the ERC. A decline is defined as a 50% or more decline in gross receipts for any calendar quarter in 2020 or a 20% or more decline in gross receipts for any quarter in 2021.

3. Employee Retention

To qualify for the ERC, you must have kept W-2 employees on the payroll during the eligible periods. If you retained employees, you likely qualify for this refund.

4. Employee Headcount

To qualify for the ERC, you must have had fewer than 100 full-time employees or less than $1 million in gross receipts in 2019, and less than 500 employees in 2020. Let our team of experts help assess eligibility per quarter!

At ERCZilla, we understand that the eligibility criteria for the ERC can be complex. Our team of qualified tax professionals & lawyers have years of experience and can help you determine your eligibility for the ERC. We'll review your eligibility, gather the necessary documents, and work with you to ensure your application is complete and accurate. We're committed to helping businesses like yours claim their ERC refund. Contact us today to learn more about how we can help you navigate the ERC process and get the refund your business deserves.