Business Owners: Get Paid for Keeping Employees? WATCH NOW!
This video provides an overview of the Employee Retention Credit (ERC), a US Government stimulus program designed to reward US businesses that retained their employees during the COVID-19 pandemic.
The ERC is a refundable tax credit, not a loan, that can be claimed by businesses for past salaries and healthcare costs paid to W2 employees in 2020 and 2021. The program has been significantly expanded and extended since it was first introduced, but many businesses and tax-exempt organizations are failing to take advantage of it due to confusion and misunderstanding of the qualification guidelines.
Bottom Line Concepts, a contingency-based consulting firm, specializes in maximizing claims for businesses and has become the #1 filer of ERC claims with the IRS, having submitted over 31,000 claims and returned over $4 billion in credits. Viewers can visit the Bottom Line Concept resource center and use the personal referral link provided to get assistance in claiming the ERC for their business.
My Referral Link: https://bottomlinesavings.referralrock.com/l/JAMESPELTO14//
Email [email protected] for more info on either the ERC or the referral program
0:00-Intro
3:18-What is Employee Retention Credit?
6:43-What are the qualifications?
10:32-Question
12:00-Is it a difficult process?
14:14-Question
17:17-Success stories
21:26-Will this be free eventually?
23:00-Is there any downside for people scheduling a call?
24:05-How long does the process take?
25:56-Is this available for Non-profit organisations?
28:24-How to get started?
30:13-My recommendation
33:50-How can non-business owners take advantage?
37:38-Numbers
40:55-When does this close?
43:09-Referral commissions
46:40-What hesitations do businesses usually have before signing up for this?
51:15-Calls to action
53:53-Outro
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