An Employee Retention Credit (ERC) is a refundable tax credit of up to $26,000 per employee against certain employment taxes equal to 50% of the qualified wages an eligible employer pays to employees. It was created to provide businesses with relief from the effects of Covid-19.

An ERC is a reimbursement owed to you by the government — but you must apply for it, and wait up to a year to get paid.

It is estimated that 70%+ of U.S. companies are eligible for an ERC, but only 10% have claimed money owed to them by the IRS. Contact Raistone to find out how much money your company can claim.

Businesses can receive a payroll tax refund of up to $26,000 per employee. Depending on the size of your business, you could qualify for tens of thousands or even hundreds of thousands of dollars in refunds.

As a complimentary service to businesses, Raistone and its network of tax preparation companies offer to:

• Review eligibility.
• Prepare amended tax forms to claim the ERC with no upfront cost.
• Optionally provide the ERC amount today instead of waiting up to a year for the IRS to pay you your tax refund.