Posts by Andres Hernandez

When the government grants businesses the ability to collect a refundable payroll tax credit, you expect every business owner to perk up their ears and listen. There are more than 30,0000 businesses that did just that, claiming more than $1 billion in employee retention credit (ERC). The ERC credit is not a loan but a refund…

Are you aware that the Employee Retention Credit (ERC) is not a loan?  ERC is a refund of your payroll taxes from the IRS. Surprisingly, more than 50% of small businesses are missing out on this program. Every company can receive a grant/refund of up to $26,000 per employee. Grab this opportunity before time runs…

According to one survey, 43% of businesses were temporarily closed because of COVID-19 safety measures. If you were a business that was affected by these government measures, then you may be eligible for funding that can make up for the loss in profits. The ERTC funding was money from the government to ensure that businesses could still…

The government created the employee retention credit during a time that businesses needed it most. The pandemic caused a lot of companies to shut down or alter their operations to keep up with the changing state and local government rules. This put a significant strain on employees, and to help with that, the government enacted…

According to some research, 20% of small businesses will fail within the first year of being open. This is due to many reasons, one of them being a lack of funding or problems with the budget. However, companies can help prevent this by taking advantage of the employee retention credit.  There is a lot of…

Did you know that only eight percent of business owners utilized the employee retention tax credit (ERTC) in 2020? The tax credit can feel daunting to apply for, but it does not have to be. There’s a lot of misinformation out there, but we’re here to help you debunk it all. Read on to learn…

Did you know that the number of small businesses in the US is 31.7 million? Additionally, small businesses account for 99.9% of US firms, and they make up 97.5% of exporters. However, they’re finding it difficult to retain and hire workers. If you’ve been having difficulties with keeping your workers at your small business, you might be…

What if financial help was waiting for your business and you didn’t even know it? The employee retention credit (also known as the employee retention tax credit, or ERTC) was designed to help small businesses keep employees on the payroll during the COVID-19 pandemic.  While this is a great program, relatively few small business owners…