ERC CREDIT Q & A
THE EMPLOYEE RETENTION CREDIT
COVID-19 has been a challenge for all of us. As the world shut down the economy came to a halt, leaving the future of many businesses in a precarious position. As we begin to find normalcy again, businesses now have to focus on recovering and fortunately, several government programs are easing this process.
One such program is the Employee Retention Credit or ERC, which is a generous stimulus program designed to bolster those businesses that were able to retain their employees during this challenging time. Due to the extremely complex tax code and qualifications, it is severely underutilized.
DO I HAVE TO REPAY THE ERC CREDIT?
No. This is not a loan. It’s a refundable tax credit. When we file your ERC claim we request a refund check for you.
"Jorns are the experts when it comes to helping getting the ERC. They do an excellent job walking you through the steps of what is needed for them to move forward, and make sure you’re approved before any additional steps are taken. They’re knowledgeable and take care of everything for you. I highly recommend you reach out to them and see how much they can obtain for you!"
- John
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