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Have You Faced
Any Impacts?

Almost every business in VIRGINIA was affected by COVID mandates that forced them to alter business operations. Due to these mandates, many of them qualified to claim significant cash refunds.
Your business might qualify for ERC credits if you’ve faced the following impacts:

  • Full or partial government-mandated shutdowns;
  • Supply chain issues;
  • Decrease in working hours to sanitize facilities;
  • Capacity limitations;
  • Shift in hours of operation; and
  • Decrease in revenue.

NEED HELP WITH EMPLOYEE RETENTION CREDIT?

Fill out the form to receive more information

Making the best of Employee Retention Credit

The pandemic has profoundly disrupted the day-to-day commercial activity and distribution of goods and services across the entire country. These disruptions make many businesses eligible to benefit from the revamped Employee Retention Credit (ERC) in 2021. Moreover, the Consolidated Appropriations Act allows businesses to claim the ERC alongside PPP.

Real Client Examples

The following are examples from a range of industries:

Manufacturing Firm

Annual Revenue: $17.4 Million
No of Employees: 46

Credits Earned:
$217,000

Restaurant

Annual Revenue: $74 Million
No. of Employees: 317

Credits Earned:
$1,030,000

Fitness Facility

Annual Revenue: $1.3 Million
No. of Employees: 58

Credits Earned:
$237,000

Understanding the different government mandates for Virginia

Health Emergency Order: Capacity Limitations Order

  • Businesses were instructed to minimize in-person contact and reduce the number of personnel on-site.

EO 53: Business Restrictions Order

  • Many businesses were forced to close, particularly those with indoor areas open to the public. Even essential businesses faced restrictions.

EO 55: Stay At Home Orders

The Stay at Home order required workers of all non-essential businesses to remain at home. Even essential businesses faced restrictions similar to the following:

  • Determining critical infrastructure workers and informing them (i.e., health workers, government personnel, and volunteers);
  • In-person activities suspended until specified otherwise; and
  • Businesses and operations needed to follow social distancing and other safety measures to protect workers and clients.
WHITEPAPER

Top Ten Mistakes of Business Owners on Employee Retention Credit

What is included in the whitepaper:

  • How to Qualify
  • The New and Improved Covid Relief BIll
  • Consolidated Appropriations Act of 2021
  • Value of the Employee Retention Credit
  • How to get $1000 per Employee

Claim up to $26,000 per employee with the ERC tax credit!

Schedule a free consultation with our team of experts to learn more.
We’ll discuss your eligibility and help estimate your potential tax benefit.