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    A Simple Decision Tree to Determine Your Employee Retention Tax Credit (ERC) Eligibility

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    Use this simple tool to determine if your business is eligible for the ERC. Businesses across all verticals have claimed an Employee Retention Tax Credit (ERC or ERTC) of up to $33,000 per employee. Some employers have received ERCs of over $1 million. This program is accessible to many employers (in both the nonprofit and corporate sectors) — even if an organization already received other pandemic aid like PPP loans. Businesses may utilize this decision metric, developed by MP’s HR and payroll experts, to help determine ERC eligibility for a 2020 quarter. (Note, this diagram is provided for informational purposes and doesn’t constitute legal or accounting advice.) Download the diagram to:

    • Determine eligibility for the ERC
    • Find out how an employer’s size affects ERC eligibility
    • Learn how much of a revenue loss employers must demonstrate to claim an ERC
    • Discover how 2020 and 2021 ERC eligibility criteria differ

    The Employee Retention Credit (ERC) Playbook

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    Most businesses with less than 500 employees are eligible for an Employee Retention Tax Credit (ERC or ERTC) of up to $33,000 per employee. Even if a business or nonprofit received pandemic financial aid such as PPP loans, they could still claim credits. MP’s team of HR and payroll experts share how to determine eligibility for this lucrative program and the process for claiming and maximizing funds. Read the eBook to:
    -Find out if you are eligible for the program
    -Learn what industries are frequently successful in claiming ERCs
    -Get tips on what data employers need to claim an ERC
    -Find out how we can assist your business in maximizing credits, while streamlining the process

    ERC Eligibility: 5-Minute Questionnaire

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    Employers across all industries are claiming an Employee Retention Tax Credit (ERC) of up to one million dollars (and sometimes more). Organizations of all types (including tax-exempt nonprofit organizations) are still eligible even if they have received PPP loans or other pandemic assistance. Determine if your organization could claim an ERC by utilizing this questionnaire, developed by MP’s HR and payroll experts. Read the article to:

    • Learn if a vendor supply issue may qualify you for an ERC
    • Find out if social distancing requirements may qualify you for an ERC
    • Discover if your revenue loss in 2020 or 2021 was enough to qualify your organization for an ERC

    Read the article.

    ERC: 3 Ways to Determine Eligibility

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    Many businesses and nonprofits struggling to recover from the pandemic. The Employee Retention Tax Credit (ERC), a refundable and advanceable, tax credit, could bring significant financial relief to both businesses and nonprofit organizations. MP’s HR and payroll experts have been helping hundreds of businesses claim their maximum ERC. These funds (sometimes an ERC could be up to $1 million) could mean the difference between shutting down the business or reaching new levels of growth. MP’s HR services experts offer three methods for employers to determine if they are eligible to claim an ERC. Read the article to:

    • Find out whether a business that received PPP loans can also claim an ERC
    • Learn what revenue losses a business must demonstrate to claim an ERC
    • Discover simple questions that could help determine eligibility for an ERC

    Read the article.

    3 Ways the SBA Can Help Small Businesses Right Now

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    Making it through the pandemic has been challenging for many small businesses. One comprehensive resource for small businesses (both now and post-pandemic) is the Small Business Administration (SBA). This government organization offers a wide array of small business loans. The SBA also offers technical assistance with everything from starting a business, to maintaining it, to overcoming pandemic challenges, and more. Read the article to:
    • Learn about three ways small businesses could receive assistance from the SBA– through the pandemic and beyond
    • Find out about SBA loans that are helpful options if it’s been difficult to receive other financing
    • Get tips on how to receive free legal and business guidance from experts via the SBA
    Read the article.

    Employee Retention Tax Credit (ERC): Critical Eligibility Questions

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    Many businesses are unaware that the Employee Retention Tax Credit (ERC), a tremendous financial benefit from the federal government that employers receive in the form of a refundable, advanceable tax credit. Many employers will be able to claim up to $33,000 per employee. (MP’s payroll services experts have been able to help hundreds of clients claim an ERC of over $100,000 with our ERC services.) For those employers that are still unsure if their business or nonprofit organization might be eligible for an ERC, MP’s HR and payroll experts offer simple qualifying questions. Read the article to:

    • Find out if your organization is eligible for significant pandemic financial assistance via an ERC
    • Learn if your business’s disruption in service providers or vendors qualifies you for an ERC
    • Discover if the time your employees had to work remotely makes your organization eligible for an ERC

    Read the article