COVID-19 has been a challenge for all of us. As the world shut down the economy came to a halt, leaving the future of many businesses in a precarious position. As we begin to find normalcy again, businesses now have to focus on recovering and fortunately, several government programs are easing this process.
One such program is the Employee Retention Credit or ERC, which is a generous stimulus program designed to bolster those businesses that we're able to retain their employees during this challenging time. Due to the extremely complex tax code and qualifications, it is severely underutilized. Details of the program include:
"When I heard about the ERC program I reached out to my CPA. 30 minutes later he called and said I didn't qualify. Out of curiosity, I had Build&Fund see if I qualified. Turns out I received the ERC for 7 of my 9 employees. Highly recommended."
Scott Moore
"The process was so smooth and painless. Build & Fund was highly professional and thorough. They also gave me advice on how to best qualify for additional funds in the future. I had a great experience and would recommend them to any business owner."
Deven Rasmussen
"When I heard about the ERC program I reached out to my CPA. 30 minutes later he called and said I didn't qualify. Out of curiosity, I had Build & Fund see if I qualified. Turns out I received the ERC for 7 of my 9 employees. Highly recommended."
Scott Moore
"The process was so smooth and painless. Build & Fund was highly professional and thorough. They also gave me advice on how to best qualify for additional funds in the future. I had a great experience and would recommend them to any business owner."