The 2020 ERC Program is a refundable tax credit
of
50% of up to $10,000 in wages paid per employee from March 12, 2020 to December 31, 2020 by an eligible employer.
THAT IS UP TO $5,000 PER EMPLOYEE!
The 2021 ERC Program has increased
to 70% of up to $10,000 in wages paid per employee,
per quarter, for the first three quarters.
THAT IS UP TO $21,000 PER EMPLOYEE!
ALL IN TOTAL, THAT IS UP TO $26,000 PER EMPLOYEE!