2023 Employee Retention Stimulus Eligibility | ERC Rebate Assessment Updated

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This fast eligibility assessment launched by ERC Scope can help employers to get pre-qualified for ERC tax credits, even if they have already received PPP loans, or are only eligible for individual fiscal quarters.

This updated Employee Retention Credit (ERC) assessment, available at no cost from ERC Scope, can determine if any employer qualifies for tax credits, even if they are only eligible for a portion of the program’s duration, or have already received loans through the Paycheck Protection Program (PPP).

More information about ERC rebates, the no-cost assessment, and the maximum allowable claims with PPP loans can be found at https://www.ercscope.com/pre-qualification-test

After completing the assessment, employers will be given access to a rebate calculation and application service that will help them determine which fiscal quarters they are eligible for, and the maximum amount they are eligible to claim. The program can help business owners to claim up to $26,000 per employee, with no restrictions on how the funds can be spent.

Rebates are available for any type of business, including new businesses founded during the pandemic, non-profit organizations, and startups. To qualify, a business must have had between 5 and 500 W-2 employees on the payroll during 2020 and 2021, and the business must have been negatively affected by the pandemic in some way.

This can be shown through significant financial losses or temporary closures because of lockdowns. Employers can also schedule a no-cost eligibility assessment call with an ERC specialist, to determine if they can qualify for some other reason, such as limitations caused by remote working conditions, or operating with limited in-store capacity.

All rebates claimed through ERC Scope are reimbursement for wages already paid during the pandemic, and do not require repayment. Unlike rebates from the Paycheck Protection Program (PPP), these funds are not a loan, never need to be repaid, and have no restrictions on how they can be spent.

The ERC program has no upper limit on funding, which has allowed some employers to claim as much as $2 million, though the average small business rebate is closer to $150,000.

A spokesperson explained, “The ERC underwent several changes and has many technical details… We can help make sense of it all. Our dedicated experts will guide you and outline the steps you need to take so you can maximize the claim for your business.”

More information about ERC applications, the no-cost eligibility check, and claiming ERC with PPP loans can be found at https://www.ercscope.com

Source: http://newswire.net/newsroom/pr/00000000-https-www-ercscope-com.html