Even if you applied for a PPP loan at the beginning of the COVID-19 pandemic, you might still be eligible for an Employee Retention Credit (ERC). The ERC gives eligible employers payroll tax credits for wages and health insurance paid to employees in 2020 and 2021 – up the $5,000 per employee for 2020 and up to $7,000 per employee for Q1 – Q3 in 2021.

Are you eligible?

Did your business suffer a decline in gross receipts for a calendar quarter in 2021 or 2020 as compared to 2019?

Did a COVID-19 order require your business to suspend or discontinue services for a period of time?

Did a COVID-19 order require your business to modify its workplace and/or operations?'

If you answered “yes” to any of these questions, it’s worth evaluating your eligibility for an ERC. This process requires specific expertise to determine eligibility.

Please contact our dedicated team of ERC attorneys that can assess your eligibility and next steps. Email Trent Cotney at trent.cotney@arlaw.com for more information.