If you experienced a decline in gross receipts during 2020, anticipate a decline in 2021, or if your operations were either partially or fully suspended due to a government order related to COVID-19, you may be eligible for substantial refundable credits based on a percentage of employees wages.
The Consolidated Appropriations Act, 2021 extends and expands the ERC first created under the CARES Act. Employers can now claim refundable retroactive and current ERC benefits. The rules are different depending on whether wages were paid in 2020 or 2021. Click on the link below to learn more!