Government Gives Businesses Up to $26k Per W2 Employee Through The Last Stimulus Packet From The Cares Act
For Immediate Release
Anidrah Capital Enterprise (ACE) is pleased to announce its commitment to assisting businesses in obtaining the Employee Retention Credit (ERC) for their businesses. ACE is committed to supporting businesses that have been adversely affected by the COVID-19 pandemic.
The Pandemic has brought unprecedented challenges to businesses across the globe. Small and medium-sized businesses have been particularly impacted. ACE recognizes the significance of this tax credit in supporting businesses and promoting economic growth. In recognition of these challenges ACE is committed to helping local businesses recover and thrive once again.
The ERC, established by the Coronavirus Aid, Relief, and Economic Security (C.A.R.E.S.) Act, allows businesses to recover some of the funds lost during COVID. Under this program, qualifying businesses can receive an Employee Retention Tax Credit from the federal government that is NOT A LOAN, NOT A GRANT, DOES NOT HAVE TO BE PAID BACK AND IS NOT ALLOCATED FOR ANY PURPOSE.
To be eligible you must have been operating as a trade or business, including tax- exempt organizations in 2020 and/or 2021, employed an average of 1-500 full-time W2 employees during the applicable calendar quarter and not be a government or state entity. (Businesses that started in 2020/2021 may qualify too).
You may qualify for ERC if your business experienced ANY of the following in the qualifying quarters of 2020 and/or 2021
- Full or partial shutdown
- Supply chain interruption
- Inability to work with vendors
- Inability to assess equipment
- Reduction of services or goods
- Loss of revenue
- Cancellation of key meetings or projects
- Operational changes to accommodate sanitation and social distancing.
At ACE we understand the challenges faced by businesses due to the COVID-19 pandemic. We are committed to helping our local business community in recovering their ERC money. We believe that by working together we can rebuild a stronger and more resilient economy.
Anidrah Capital Enterprise encourages all eligible businesses to explore the benefits offered by the Employee Retention Credit.
For more information and assistance, interested businesses can check if they qualify by going to www.whereismyercrefund.com or contact our dedicated support team at 504-335-6554. Our team of experts are dedicated to delivering high quality services and support to meet the unique needs of our clients.
If you have been told that you don’t qualify, PLEASE contact us immediately. A lot of businesses think they don’t qualify for some reason or another… But I say to you “WHAT IF YOU DO QUALIFY?” Give us a call for a NO RISK evaluation.