Funded by the
Originally created to encourage businesses to keep employees on the payroll as they navigate the unprecedented effects of COVID-19.
Up to $26,000 Per W-2 Employee
Full Time and Part Time Employees Qualify. The ERTC program is a refundable tax credit for business owners in 2020 and 2021.
Free, No Obligation Pre-Qualification
By answering a few, simple, non-invasive questions our team can determine if you qualify. There is no cost or obligation to be pre-qualified.
☑ Guaranteed To Maximize Refundable Credits For Local And Small To Medium Sized Businesses
☑ So Easy That Your Entire Commitment Is 15 Minutes
☑ No Upfront Fees To Get Qualified - 100% Contingent On Your Refund
☑ Audit-Proof Documentation For IRS Support
☑ No Other CPA Firm Offers The 15 Minute Refund™
Businesses who applied for and received PPP funds could now also claim ERTC credits. ERTC credits could be retroactively claimed for businesses that qualified in 2020. ERTC credits were extended through 9/30/21 with lower qualification requirements. The per-employee cap on qualifying wages increased from $10,000 for all of 2020 to $10,000 per quarter for the first 3 quarters of 2021. The refundable credit amount increased from 50% of qualifying wages in 2020 to 70% in 2021. So the short answer is “Yes” . . . you can claim ERTC even if you received PPP funds.
The ERTC Program provides you with a refund or a tax credit, but it is not a loan program. The money can be used in any way you like. You don't have to repay it. This service is available only from a single CPA firm that specializes in taxation, and has partnered up with HM Optimisation.
Find Out What Our Accounting Professionals Can Secure For Your Business Today
• Business Consulting Firm in Newport Beach, California, 19 W-2 Employees; $44,960 Credit
• Presentation Design Agency in Nashville, TN, 19 W-2 Employees; $162,979 Credit
• Montessori School in Addison, Illinois, 35 W-2 Employees; $175,000 Credit
• Restaurant in Houston, Texas, 80 W-2 Employees; $400,000 Credit
Most employers can be eligible for the credit, including hospitals, colleges, universities, and 501(c), organizations. The Consolidated Appropriations Act previously expanded eligibility to include all businesses that took out loans under the Paycheck Protection Program, including those who borrowed from the initial round PPP.
Eligible employers must meet one of the following criteria to be qualified:
1. Trades or businesses that were temporarily or completely suspended due to a government order. Credit is only available for the part of the quarter in which the business was suspended. It does not apply to the entire quarter. ➭➭➭
2. Employer that experiences a significant decrease in gross receipts.
The IRS issued Revenue Procedure 2021-3 on August 10, 2021. This procedure approves an employer to exclude from gross receipts the amount of a PPP loan forgiveness, Shuttered Venue Operators Grant, or a Restaurant Revitalization Fund grant. This is only for the purpose of determining eligibility to claim the ERTC. Employers must ensure that this safe harbor is applied consistently to all entities.
Visit https://erctfund.com/ to complete the free eligibility check and claim your rebate.
Complete the Questionnaire - Start with the 10 simple questions on this site to begin your claim.
Upload Data - Upload your 941 returns, PPP loan documents, and raw payroll data on our secure portal.
Credit Calculation - We calculate the credit you can receive from the IRS.
Application Package - We will prepare and help you file the 941-X Amended payroll returns.
Get Paid - The IRS will process your credit and mail you a check.
Notice 2021-65 lists the conditions required to avoid a failure deposit penalty. In an example, an employer must also:
1. Make sure they’ve made deposits for the repaid amounts before a certain date.
2. Report the tax liability on the applicable Employment Tax Return and Schedule.
IMPORTANT REMINDER: Even if you got both PPP Loans... businesses are STILL qualifying and receiving sizable ERTC refunds. Apply Today!