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Notification for Employee Retention Credits
Does your business qualify for the Employee Retention Credits?
Criteria to qualify employers, including tax-exempt organizations, include either:
• The full or partial suspension of the operation of their trade or business during any calendar quarter because of governmental orders limiting commerce, travel or group meetings due to COVID-19, or
• A significant decline in gross receipts.
*Many governmental orders affected the healthcare sector and therefore could qualify your organization to receive the employee retention credits.
Our firm can assist you with determining if you qualify, recommend an ERC specialist for you to work with, and assist you with gathering the necessary payroll data. We will verify all previous COVID funding received such as PPP loans, PRF funding and state COVID funding remain intact and are accurately reported to your ERC specialist.
Want to learn more? Please contact Rhonda or Sarah for more information. Call us at (270) 726-4033.