Refund Rights
Increase your ERC to the fullest and get up to $26,000 per employee. Refund Rights, is the expert you can trust.
Ready To Claim Your Employee Retention Credit? It’s Simple.
1. Evaluation regarding your eligibility.
2. We analyze your claim and compute the maximum amount you can receive.
3. Our team guides you through the claiming process, from beginning to end, including proper documentation.
Does my business qualify if we've already received PPP?
Yes. Under the Consolidated Appropriations Act (CAA), businesses can qualify for the ERC even if they already received a PPP loan. Employers are allowed to claim ERC on wages that were not paid with the proceeds of a PPP loan. It is important to note that you can’t use wages to calculate ERC that were used to qualify for PPP loan forgiveness. This is known as “double dipping” and is not permitted by the IRS.
How much ERC can I claim per eligible employee?
The Employee Retention Credit (ERC) allows employers to claim a maximum credit amount of $26,000 per employee. For the tax year 2020, employers can claim up to 50% of qualified wages per employee, with a maximum credit of $5,000 per employee for the entire year. In contrast, for the tax year 2021, employers can claim up to 70% of qualified wages per employee per quarter, with a maximum credit of $21,000 per employee for the year.
What is the Employee Retention Credit (ERC)?
ERC is a stimulus program designed to help those businesses that were able to retain their employees during the Covid-19 pandemic.
Established by the CARES Act, it is a refundable tax credit – that you can claim for your business. The ERC is available to both small and mid-sized businesses. It is based on qualified wages and healthcare paid to employees.
- Up to $26,000 per employee
- Available for 2020 and the first 3 quarters of 2021
- Qualify with a Revenue Decline or Full or Partial Suspension of -
- Operations due to Governmental Orders
- No limit on funding
- ERC is a refundable tax credit
We offer a unique approach with a team of experts behind each categorical analysis to deliver the greatest savings.