What Is the Employee Retention Tax Credit and How Do I Qualify and Receive the Credit?

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The Employee Retention Credit is a federal government cash award available to virtually every small business in America.

Generally, your business will be entitled to up to $5,000 for every employee in 2020 and up to $28,000 per employee in 2021.

You will qualify for the ERC even if you have received PPP I and PPP II. Food and Beverages companies will qualify for ERC even if awarded an additional Restaurant Revitalization Fund grant.