OnPoint Fast LLC is
Your ERC Specialists Connection
The Employee Retention Tax Credit Program was created under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) as part of the federal government's relief program to encourage and reward business owners that retain employees during the the COVID-19 pandemic. Recently the policy was amended to enable business owners to qualify for ERC tax credits even if they receive PPP loans. The time period the program covers was also extended from March 22, 202 to December 31, 2021.
Businesses that qualify for both the 2020 and 2021 ERC tax credits may receive up to
$26,000 per eligible employee.