Fastest Way To Claim
Employee Retention Tax
Credits - Take This
Is your business still struggling to recover from the shutdowns,
suspensions, supply chain issues, and reduced customer traffic of the
last few years? Don't forget to claim your ERTC before it's too late.
In 2020 you had the option to
enroll in either the Payroll
Protection Program or the ERTC
program, but not both.
At the time, the PPP offered employers more potential funds, and
many business owners enrolled in that program, believing it made
them ineligible for ERTC.
In 2021, when the Consolidated
Appropriations Act was passed, it
made amendments to the CARES
Act, including some changes to the
ERTC eligibility requirements.
If you enrolled in the PPP, you are now eligible to apply for
Employee Retention Credits as well, including making a
retroactive claim for wages paid in 2020.
To make a retroactive claim, you
can either contact an ERTC
specialist or fill out and return a
941-X form, which will make
amendments to your 2020 filing.
The ERTC program has gone through several changes since the CARES
Act was passed in 2020, which have increased the amount you can claim,
as well as updating the rules for eligibility.
While you could claim a maximum
of $5,000 per employee, per
quarter of 2020, that amount was
increased for 2021.
Another common misconception held by many
employers is that the ERTC is a loan program, like the
This is not true, and any tax
credits claimed through the
ERTC do not have to be
It's been a tough couple of years for business owners and employees alike. If your
business has suffered financial losses or had to temporarily close its doors due to
government suspensions and lockdowns, then you're probably eligible for tax credits.
A quick quiz designed by ERTC
expert can help you to determine
if you're eligible in 60 seconds or
Visit https://scotthall.co/employee-retention-tax-credit to learn more.