Receive Up to $26,000 per Employee with the New Employee Retention Tax Credit!
Receive Up to $26,000 per Employee with the New Employee Retention Tax Credit! 

What is the Employee Retention Credit (ERC)?

The Employee Return Credit is an IRS payroll credit designed to help small businesses retain their employees during difficult times. 

 

The credit is included on your quarterly payroll tax filings and is refundable to businesses.

 

Who Qualifies?

 

You may qualify if your business was impacted by COVID-19 in one of the following ways:

  • Government shutdown orders mandated you partially or fully close your business at any time in 2020 or 2021.
  • Gross income declined in 2020 or 2021. Criteria is different for each year but it compares quarters in 2019, 2020, and 2021.
  • New businesses established after February 15, 2020.

How Much Can I Receive?

 

This credit is for small businesses. In 2020 you need to have less than 100 employees; in 2021 you need to have less than 500 employees.

  • For 2020, you can claim up to $5,000 per employee.
  • For 2021, you can claim up to $7,000 per employee per quarter.

How Do I Apply for the Credit?

 

Applying for the is quite simple!

  • Fill out the form below.
  • Talk to one of our ERC specialists.
  • Provide the needed documents.
  • Let us do the rest!
Your form message has been successfully sent.
You have entered the following data:

Get started by telling us more about yourself so we can start working on your Employee Retention Credit!

Please correct your input in the following fields:
Error while sending the form. Please try again later.

Note: Fields marked with * are required

Please be aware that the contents of this form are not encrypted

Who We Are:

 

We are Vermazen Tax Service. We have long-standing relationships with our clients built on hard work and trust.

 

We provide tax and accounting services for thousands of individuals, businesses, and non-profit organizations in the Midwest.

 

We are here to help!

Vermazen Tax Service

 

820 E Main Street

Manchester, IA 52057

 

Phone: 563-927-4554

Email: office@vermazentax.com

Print | Sitemap
© Vermazen Tax Service