ERTC (ERC) 2020 & 2021
The Employee Retention [Tax] Credit was revamped in 2021 to help more Americans stay employed. This is achieved by providing a credit to offset or potentially eliminate payroll tax for business owners who were impacted by the pandemic.
DoyleHCM has helped many business owners claim thousands of dollars per employee in credits.
2020 & 2021 Claim Potential :
Claim up to 50% of the first $10,000 in credit for qualified employee wages per quarter paid between March 13 and Dec. 31, 2020.
Employers who qualify can claim a credit against 70% of qualified wages paid. The amount of wages that qualifies for the credit is now $7,000 per employee per quarter for the first three quarters of 2021.
You could claim up to $21,000 in total per employee.
To find out more information or to request DolyeHCM’s ERTC services, reach out to use using the contact button below.