EMPLOYEE RETENTION CREDIT PROGRAMEMPLOYEE RETENTION CREDIT PROGRAM

Grant Program To Help Small To Medium Sized Businesses In

The U.S.A Affected By The Covid19 Pandemic

The Employee Retention Tax Credit is a refundable payroll tax credit, designed to encourage employers whose companies were disrupted by COVID-19 restrictions to retain employees, and keep them on the payroll and collecting paychecks through the downturn in business.

Registar for this the Webinar & Meet CEO Josh Fox to Learn How Your Company Can Qualify For ERC Funding.Registar for this the Webinar & Meet CEO Josh Fox to Learn How Your Company Can Qualify For ERC Funding.

WHAT YOU'RE GOING

TO LEARN:

1) The New Rule Change that allows your company to qualify for ERC funds even if you got PPP loan money.

2) How Josh Fox & Bottom Line has secured almost $2 Billion Dollars in ERC funding for small business owners.

3) Why Your Accountant Didn't Know You Qualified and the reason it makes sense to let us secure your funding.

4) We'll Cover EVERYTHING You Need to Qualify and then hop on a personal call with you to verify how much ERC funding you are eligible for.

It's No Secret

The business sector of the United States was hit hard by the economic effects of the Covid19 pandemic that began in 2019:

  • Thousands of businesses in multiple sectors forced to close.

  • Businesses from construction companies to private schools took massive losses during the pandemic.

  • Losses were far-reaching and severe and fueled massive layoffs.

  • Small and medium sized businesses are still under financial pressure due to loss of revenue.

ERC is a Game Changing Program To Help Your Business

5 very important points to consider for you in 2023:

  • If companies received PPP, they still qualify for ERC.

  • ERC is a refund in the form of a grant and can return up to $26,000/employee ($10,000 is the average for companies that received PPP)

  • Companies don’t have to prove loss of revenue; operational impacts qualify as well.

  • With our ERC program, Bottom Line is assisting companies recover taxes and wages they have already paid on their W2 employees.

  • Since the start of ERC, Bottom Line has filed over 13,000+ claims on behalf of small businesses for grants totaling over $2.1 billion.

ERC Application Submission Deadline

The statute of limitations for filing amended payroll tax returns is three years from the due date of the return, meaning to apply for the Employee Retention Tax Credit for the 2nd quarter of 2020, the amended return should be submitted by July 2023.

So, there’s still time to apply for the credit but you should start the process NOW.

Let Bottomline Take Care Of This For You

If you are not receiving the ERC, Bottomline would welcome the opportunity to discuss your eligibility requirements and how to start the program. This is a reputable company that will manage it from end to end for you.

The Bottomline team can help you through the jumble of complexities that may pertain to your company's unique situation such as the following:

*Program benefits to both small and large employers

*Eligibility requirements by Revenues or Governmental orders for past and future quarters

*Aggregation affiliation rules

*International nuances

*Treatment of furloughed employees & employees paid while not working

*Eligible costs besides wages such as employer paid healthcare & pension contributions

*Full or partial eligibility of Program benefits for the duration or part of the Program's 21 months

*What constitutes a Recovery Startup Business and its benefits under the Program

*Rules governing Part Time employees

*Nuances of Union and Non-Union situations

*Multi-state companies sort through mutiple Governor's Executive Orders impact on eligibility

*Analyzing the mathematical sweet spot to maximize both PPP forgiveness and ERC credits

*Demystifying FAQs from the IRS