Get up to $7,000 back per quarter, per employee for your company
Proud partner of Tough Leaf!
What is the Employee Retention Credit?
Created by Congress to encourage employers to keep their employees on the payroll during the months affected by the coronavirus pandemic
A fully refundable tax credit for a percentage of the qualified wages you pay your employees
Available to all employers of any size that paid qualified wages to their employees during the COVID19 shutdown
Recent change now allows you to claim up to $7,000 per quarter, per employee
Who is eligible?
Are you a business that had to partially or fully suspend operations due to COVID-19?
Did your revenue decline by 20% or more in any quarter in 2021 compared to the same quarter in 2020 (or 2020 to 2019)?
Did you start a new business (or new trade within your business) after February 15th, 2020 and have less than $1M in revenue?
If yes to any of the above, you likely qualify!
Say you have 10 employees. You pay each employee $10,000 in qualified wages during the quarter. Because you can claim $7,000 per employee per quarter, your Employee Retention credit would be $70,000 ($7,000 X 10 employees).
How it works
Take our preliminary assessment below to see if you’re eligible
TaxTaker will determine and calculate your qualifying wages
We’ll help you get your money ASAP!
See if you qualify in 2 minutes or less.