SF,

I have been on several calls regarding the Employee Retention Credit inside the Rescue Plan.

The ERC program, the program provides tax credits if a company has had a negative financial impact or operational change due to covid.

Eligibility: - Groups: ###-###-#### employees - Employers are eligible if they operate a trade or business and experience EITHER 1. A full or partial suspension of the operation of their trade or business during this period because of governmental orders limiting commerce, travel or group meetings due to COVID-19, OR 2. A decline in gross receipts in a calendar quarter in 2021 where the gross receipts of that calendar quarter are less than 80% of the gross receipts in the same calendar quarter in###-###-#### to be eligible based on a decline in gross receipts in 2020 the gross receipts were required to be less than 50%).

Below is an article from the IRS Website explain the tax law and credit.

https://www.irs.gov/newsroom/new-law-extends-covid-tax-credit-for-employers-who-keep-workers-on-payroll

There are some organizations out there that do the work and filing on an at Risk basis. Happy to make the introduction to see if can help your current companies or future companies.



Rob --@----.com