The amount of tax credit or actual monetary refund that a company may receive for retaining its employees depends on various factors such as the number of employees retained, their average wage, and the duration of retention. The tax credit amount also varies based on the provisions of the tax laws and the amounts of other assistance received by the business. We recommend using a free calculator to determine the amount the business can receive and then make a decision about whether or not to apply. To use the free ERC Calculator simply go to https://ercadvocates.com and scroll down until you see the form. There are only a few questions you need to answer and then a qualified tax consultant will follow up to answer questions and give you the refund amount.
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