Our Services
Employee Retention Credit (ERC)
We are committed to helping organizations of all sizes capitalize on their eligibility for the Employee Retention Credit. Leave the paperwork and intricacies to our experienced team of accounting consultants, ensuring accurate filings to maximize your business’s potential savings.
What is the ERC?
Beginning in 2020, the federal government implemented the Employee Retention Credit (ERC) in order to incentivize businesses to retain employees by offsetting payroll costs in the form of a tax credit.
Recent extensions and changes allow for more businesses to qualify for and take advantage of the credit.
Who qualifies?
Companies which experienced a significant decline in gross receipts during the calendar quarter or fully or partially suspended operations during 2020 or 2021 due to a government order may be eligible.
Your refund amount is based on a number of factors such as:
- Qualifying quarters
- Number of W2 employees
- Hours worked
- Government program participation
- PPP Loans
- Group health premiums
- Wages paid
How much credit is offered to eligible employers?
2020 |
2021 |
Up to 50% of qualified wages (including qualified health plan expenses) paid to each employee | Up to 70% of qualified wages (including qualified health plan expenses) paid to each employee |
$10,000 in maximum wages; therefore, maximum credit is $5,000 per employee | $10,000 in maximum wages for each of calendar Q1, Q2 and Q3; therefore, maximum credit is $21,000 per employee |
How do I file?
Check your eligibility with us today!
Our tax experts will work with you to prepare and file your refund through our streamlined start-to-finish process. Leave the complexities to us and file with confidence.
Check ERC Eligibility
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1
Check Eligibility
Check your eligibility and provide us with information about your business.
2
File Your Claim
Submit your documents to our team and leave the paperwork to us.
3
Get Your Refund
Once your ERC eligibility is confirmed, your refund will be paid by the US Treasury.
Questions? Contact our CPAs.
Nick Burianek, CPA
Vice President
nburianek@percipiobusiness.com
402-719-8282
Justin Niederklein, CPA
Vice President
jniederklein@percipiobusiness.com
402-630-2971