Employee Retention Credit

The Employee Retention Credit (ERC) is a government-sponsored refundable payroll tax credit designed to offer financial assistance to employers who were adversely affected by the pandemic. While not all businesses qualify for ERC, some of the program benefits include...

Up To $26,000 Per Employee

If your business qualifies, you could receive a payroll tax credit of up to $26,000 per employee.

Funds Do Not Need To Be Paid Back

Funds are available through the government-sponsored program and do not need to be paid back.


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LET'S BREAK IT DOWN

What Is The ERC Program?

ERC is a refundable payroll tax credit authorized by the CARES Act that provides financial relief to eligible employers that were affected by COVID-19. Although many businesses from a variety of sectors are eligible, it’s important to note that not every business impacted by the pandemic qualifies for ERC. Factors like industry, state, and other circumstances can play a part in determining eligibility.

Common Misconceptions About The ERC Program

Navigating the ERC maze can be very tricky and confusing. That’s why we’d like to clarify some commonly held misconceptions about the Employee Retention Credit program. Key points to keep in mind include:

Not all businesses are eligible for the ERC

You might not get $26k for each employee

Not every COVID impact means you qualify

If you claimed PPP, it could change your ERC amount

EXPERIENCE MATTERS

Why Uptrend Financial For Your ERC Claims?

Our ERC Program Specialists have empowered over 2,500 businesses to claim upwards of $300 million, providing expert guidance and compliance assurance at every step of the claim process. If eligible, we offer comprehensive support through your entire ERC journey, all without up-front costs.
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Proven Success In ERC Acquisition

We stand at the forefront of ERC claims, having secured over $300 million for thousands of businesses. Our targeted approach not only maximizes your claim but also aligns with the evolving landscape of tax credits, ensuring you receive every dollar you deserve.

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Tax Attorneys & IRS Specialists On Your Side

The Uptrend team includes seasoned tax attorneys and IRS specialists, who bring insider insights into the processes and policies associated with ERC. Our unparalleled expertise ensures that your claims adhere to the highest standards of compliance and precision.

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Filing Expertise By Certified Public Accountants

Unlike other firms, we guarantee that every claim is meticulously prepared by our team of licensed CPAs, ensuring the highest level of accuracy and professionalism. We’re dedicated to upholding the integrity and quality of your ERC filing every step of the way.

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Employee Retention Credit Program Benefits Include...

  • Up To $26,000 Per Employee
    If your business qualifies, you could receive a refundable payroll tax credit of up to $26,000 per employee.
  • Funds Do Not Need To Be Paid Back
    Funds are available through the government-sponsored ERC program and do not need to be paid back.
  • Open To Many Types Of Businesses
    If your business was adversely affected by the pandemic, you may be eligible — even if you received a PPP loan(s).
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Employee Retention Credit Eligibility Requirements

Although the program has provided much-needed financial relief to numerous businesses impacted by the pandemic, it's important to reemphasize that not every business qualifies for ERC. It's vital to work with an ERC program expert in order to determine if your business is eligible to apply. At a very high level, the basic requirements include...
Who's Eligible:

Businesses & Tax-Exempt Organizations

Type Of Employees:

W2 Full-Time Employees Paid During Pandemic

Revenue Decline:

Must Be Attributable To The Pandemic

Operation Suspension:

Must Be Specifically Related To The Pandemic

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Understanding ERC Claims:
SEPARATING FACT FROM FICTION

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While there are many claims about the Employee Retention Credit (ERC) program, the truth is a bit more nuanced. Yes, it’s possible for some businesses to receive up to $26,000 per employee through the ERC, and these funds don’t have to be repaid. However, qualifying for these funds requires a detailed eligibility assessment and a claims process handled by ERC experts.
There’s a common misconception that obtaining ERC funds is “fast and easy,” with the possibility of receiving millions. In reality, while the potential for significant funding exists, it involves a comprehensive review process to determine eligibility and correctly file claims.
Contrary to some rumors, the ERC program is not dead. Although the IRS is currently conducting thorough reviews of all in-process claims and has paused addressing new claims until the beginning of 2024, the program is still active. Businesses can continue to submit ERC claims, which will be processed after the IRS has worked through existing ones.
Absolutely. Despite the current processing delays, it’s worthwhile to spend a few minutes determining your business’s eligibility for the ERC. If eligible, your business could receive up to $26,000 per employee without the obligation to repay.

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HOW IT WORKS

A Quick Overview Of The ERC Application Process

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See If You Qualify

To begin, we first need to make sure that you qualify for the ERC program. The good news is that many types of businesses can apply, and there are no up-front costs!

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Document Review

Next, we'll ask you to provide a few business documents. Our experts will then review your information to determine your ERC credit amount, and then submit your request to the IRS.

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Request Processing

Once we submit your request, we then have to wait for the IRS to process your submission. This process can take 4-6 months, on average, to complete.

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Receive Funds

Lastly, after your request has been processed and approved, you will receive a check from the IRS — and you do not have to pay the money back!

To get started, click here or call (800) 539-7716 to speak with an ERC program specialist now.