The facts on calculating the Employee Retention Tax Credit

We have helped small and medium-sized businesses alike.

The rules for claiming the Employee Retention Credit (ERC), also known as the Employee Retention Tax Credit (ERTC), are complicated and everchanging, and it’s easy for tax pros alike to make mistakes when preparing.   The first step, Esther, is to determine if the employer qualifies. You can do so by visiting the Heritage Consulting site at www.erc-facts.org.   The second step is to speak with Mr. Narayanan for a consultation to discuss your specific company and challenges. Declining revenue in 2020 and 2021 IS NOT a sole determination for eligibility.    After that meeting, the two of you can discuss working together in preparing and filing your ERC, if there is a good fit.   We have helped both small and medium-sized business (500 or less W2 employees), and I do hope this information helps you as well, Esther.   Sincerely, Paul Schween Heritage Consulting 602-644-1733

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