Call Us Now To Schedule An Appointment!
- +1 956-233-7841
Secure Plus Financial
Act Now to Qualify for Your 2020 and 2021 ERC Money
Take advantage of a significant opportunity for your business to qualify for the Employee Retention Credit (ERC). It’s not too late!
In 2023, you still have the chance to recover a substantial amount of money by qualifying for the ERC for the 2020 and 2021 calendar years.
Employee Retention Credit
The Employee Retention Credit (ERC) is a refundable tax credit provided by the U.S. government to incentivize businesses to retain employees during challenging economic times, such as the COVID-19 pandemic.
It is designed to help eligible employers recover some of the wages paid to employees, providing financial relief and support for businesses facing economic hardship.
The ERC is available for certain employment taxes and can be a valuable resource for qualifying businesses to offset their tax liabilities and receive significant money.
Amend your 2020 and 2021 Payroll Tax Returns
While amending your 2020 and 2021 payroll tax returns may seem cumbersome, the financial upside makes it well worth the effort. For a business with a dozen employees meeting the qualifications for maximum tax credits, you could unlock a total of $312,000.
How to Qualify for ERC 2020 and 2021
There are two primary routes to qualify for the ERC:
A decline in gross receipts: You can qualify for the ERC by declining your gross receipts during 2020 and 2021. It’s important to note that the decrease in gross receipts doesn’t have to be caused by COVID-19.
Government order impact: If a government order resulted in a full or partial shutdown of your business, you may be eligible for the ERC for the wages paid during the shutdown period.
Act promptly to maximize your potential benefits from this program, as the deadline to claim the ERC for 2020 is April 15, 2024—just a little over ten months away.
At Secure Plus Financial, we are ready to assist you in amending your payroll tax returns and ensuring your business qualifies for maximum benefits. If you want to pursue this valuable tax credit, please call us at 956-233-7841.
Did you claim your 2020 and 2021 ERC money?
The Employee Retention Credit (ERC) for 2020 and 2021 may await you. Don’t miss out on recovering substantial money for your business.
Secure Plus Financial
Related Updates
Smart Mileage Deductions: Unlocking Tax Savings for Your Company
Are you missing out on potential tax savings due to inadequate mileage logs? Learn about the two most common methods to track miles and find out which one suits your business best. Uncover tips to differentiate personal and business use, and explore the frequency for updating your mileage log to stay IRS-compliant. Unlock the secrets to smarter tax deductions and ensure your business maximizes its mileage tracking efficiency. Read on to enhance your tax-saving potential!
Employing Your Spouse: Five Key Points to Keep in Mind
Key factors you need to know about employing your spouse. From tax-saving benefits to compliance requirements, this article explores the ins and outs of hiring your spouse as an employee. Gain insights on tax-free fringe benefits, establishing medical reimbursement arrangements, maximizing deductions, and ensuring your spouse qualifies as a bona fide employee. Understand the nuances of spouse employment and unlock the potential for tax savings while navigating the necessary guidelines.
The Risks of Debt Settlement
Explore the ins and outs of debt settlement, including its risks and potential drawbacks. Learn about the industries that frequently use this strategy, and discover alternative approaches to managing debt. This comprehensive guide wraps up with a handy FAQ section answering the most common queries about debt settlement.
Documenting Expenses During Business Travel
Discover the essential strategies for documenting and managing your business travel expenses with our comprehensive guide. From tracking receipts to understanding tax deductions, we provide expert tips to ensure compliance, maximize reimbursements, and keep your travel finances organized and stress-free.”
Debt Consolidation for Business Owners
Explore our comprehensive guide to debt consolidation for business owners. Discover the benefits, learn the steps, read relevant case studies, and understand the importance of hiring a financial advisor for effective debt management.
Act Now to Qualify for Your 2020 and 2021 ERC Money
Unlock a significant opportunity for your business to qualify for the Employee Retention Credit (ERC) and recover a substantial amount of money for the 2020 and 2021 calendar years. Discover how this refundable tax credit against certain employment taxes can make a remarkable difference. Act now to maximize your potential benefits and get assistance in amending your payroll tax returns. Don’t miss out on this valuable tax credit opportunity!