Employee Retention Tax Refund Prequalification

The Employee Retention Tax Credit (ERTC)

What is ERTC?

The ERTC is a refundable credit that businesses can claim on qualified wages, including certain health insurance costs, paid to employees during the COVID 19 pandemic

Even if your business received the PPP Loan, you may still qualify

How much can my business qualify for?

2020 – 50% of qualified wages up to $10,000 per employee for the year
2021 – 70% of qualified wages up to $10,000 per employee for the quarter

Eligibility for the Credit

  • Decline in gross receipts: The credit is available to employers whose gross receipts have declined by more than 50% in 2020 and 20% in 2021 compared to the same quarter of 2019.
  • Partial or full suspension of operations due to COVID-19: The credit is available to employers who have experienced a partial or full suspension of their operations due to orders from an appropriate governmental authority due to COVID-19.
  • Startup Recovery Business: This credit is available to businesses that began operations after 2/15/20

Why Choose JW Tax and Consulting?

  1. Most companies are taking 6 months to file and receive the employee retention tax credit, but JW Tax and Consulting can have it to you cash in hand in just 30 days!
  2. Our team of expert tax professionals has extensive experience with the ETRC and can ensure that your claim is filed correctly and efficiently.
  3. We take the hassle out of the process by handling all of the paperwork and calculations for you, so you can focus on running your business.
  4. Our fast turnaround time means that you can receive the credit and the cash you need to keep your business running smoothly sooner.
Don’t miss the deadline for this tax credit as Employers may only file up to three years after the original payroll taxes were due.
Fill out this form to see if your company qualifies!