Museums and Art Galleries
can claim up to
$26,000
per employee
Here are the ways in which they qualify:
- Impacted by government mandates, shutdowns, social distancing, and capacity restrictions;
- Decline in gross receipts, admissions, donations, memberships, fundraising, etc; and
- Restriction on special events and programs.
Here are the most common objections:
- Part-time and full-time employees qualify;
- Businesses are eligible for ERC even if they claimed PPP/ Shuttered Venue Operator Grant (SVOG);
- Non-essential industries also qualify; and
- Non-profits can claim ERC.
Schedule a free consultation with our team
of experts to learn more!
Real Results from Real Clients
Museum
Annual Revenue:
$12.6 Million
No. of Employees:
167
TOTAL CREDITS EARNED:
$1.6 Million
Children’s Museum
Annual Revenue:
$2.3 Million
No. of Employees:
36
TOTAL CREDITS EARNED:
$90,000
Science Center
Annual Revenue:
$883,000
No. of Employees:
17
TOTAL CREDITS EARNED:
$67,000
Why Museums & Galleries Choose alliantgroup
The Employee Retention Credit is intended to help U.S. businesses recover from the impacts of COVID-19 and come back stronger than before. Museums and galleries have chosen to work with our team because no other firm offers the level of insight from our 800+ industry experts and four former IRS commissioners and division commissioners.
WHITEPAPER
Employee Retention Credit: Top Ten Mistakes of Business Owners & Their Advisors
What is included in this whitepaper:
- How to qualify
- ERC updates in the Consolidated Appropriations Act of 2021
- How to claim up to $26,000 per employee
Here Are Ways to Qualify
- Impacts triggered by government mandates, shutdowns, social distancing, and capacity restrictions;
- Increase in caregiver time spent per patient
- Restrictions on new client onboarding due to the inability to provide tours of the facility for families and potential patients;
- Capacity restrictions; and
- Repurpose and relocation of staff due to active COVID wing.
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.
