Are you affected by Corona Virus Pandemic? If yes, then your business is eligible for a refundable tax credit under “Employee Retention Credit Program”. Power Financial Network will help you and your business to get the best Employee Retention Credit service so you can get the maximum amount of tax refunded for your business. 

• Get upto $26,000 USD refund for the pandemic
• For the COVID pandemic of 2020 and first quarter of 2021
• Small Business Funding
• Maximizing ERC for Businesses

Eligibility Criteria for Business:

To know whether your business is eligible for the Employee Retention Credit grants, please follow the below checklist and see whether your business is negatively impacted by any of the following during the pandemic:

• A government authority required partial or full shutdown of your business during 2020 or 2021. This includes your operations being limited by commerce, inability to travel or restrictions of group meetings.
• Gross receipt reduction criteria is different for 2020 and 2021, but is measured against the current quarter as compared to 2019 pre-COVID amounts.
• A business can be eligible for one quarter and not another.
• Initially, under the CARES Act of 2020, businesses were not able to qualify for the ERC if they had already received a Paycheck Protection Program (PPP) loan. With new legislation in 2021, employers are now eligible for both programs. The ERC, though, cannot apply to the same wages as the ones for PPP.