STS Consulting LLC
Strategizing Your Success
Employee Retention Credit Program (ERC)
An IRS cash rebate that rewards U.S. businesses for not giving up during the COVID-19 pandemic
STS Consulting LLC is a specialist CPA firm that can quickly determine your company’s eligibility and file all required paperwork before this program expires.
What exactly is the
Employee Retention Credit?
Businesses impacted by COVID-19 can claim for and receive cash up to $5,000 for each employee on payroll in 2020 and up to $7,000 per quarter (excluding Q4) for each employee in 2021
- ERCs have changed significantly since the 2020 Cares Act to allow more businesses to qualify for more credits
- Businesses that have taken PPP loans can still be qualified for ERCs!
- Quarters eligible for ERCs have extended through 2021, unlocking up to an additional $21,000 of ERCs per employee
- Unlike PPP, this is not a loan! Cash received from ERCs are a no-strings-attached cash refund on overpayment of payroll taxes you paid in 2020 and 2021, directly from the IRS
- Our experts navigate the ERC tax code and handle all the hard work to maximize the credits that your business can receive, to let you focus on getting back to doing what you do best, which is growing your business
Why work with us?
- Our experts are highly qualified, method maximizes ERCs, etc.
- We offer fast turnaround, simple process, good communication.