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I am researching an overlooked and underutilized federal tax credit program that was funded in 2020. The Employee Retention Credit (ERC) was intended to provide COVID tax credits for employers who keep their employees on payroll. The Employee Retention Credit was not part of the Paycheck Protection Program (PPP). Most businesses applied and received PPP loans through their banks. These loans were forgiven with the remittance of additional paperwork.
The federal government paid 5% of the total PPP Loan as a fee for service to the banks that provided the PPP loans. There were no incentives paid to the banks to assist employers in determining if they were eligible for the ERC tax credits. It is for this reason that most of the funds allocated to the ERC have gone unclaimed. If the ERC funds are not claimed in the next two years, I understand the funds will be reallocated to whatever social economic need is present in the future.
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Hello ,Just launched - Fusion arbitrage trading
Auto-Pilot Passive Income Generator
No Recruiting or Sponsoring Required
Team Builders could earn 3 Levels Extra
Get the WHOLE Advertising POWERHOUSE here!
Hey ,We are proud to announce the availability
of this power packed Advertising Campaign
that will give you ONE full year of traffic
to any url that you can change anytime.
Employee Retention Credit (ERC) - Qualifying employers could receive up to $26,000 in federal tax credits per employee.
Dear Clients, I am researching an overlooked and underutilized federal tax credit program that was funded in 2020. The Employee Retention Credit (ERC) was intended to provide COVID tax credits for employers who keep their employees on payroll. The Employee Retention Credit was not part of the Paycheck Protection Program (PPP). Most businesses applied and received PPP loans through their banks. These loans were forgiven with the remittance of additional paperwork.
The federal government paid 5% of the total PPP Loan as a fee for service to the banks that provided the PPP loans. There were no incentives paid to the banks to assist employers in determining if they were eligible for the ERC tax credits. It is for this reason that most of the funds allocated to the ERC have gone unclaimed. If the ERC funds are not claimed in the next two years, I understand the funds will be reallocated to whatever social economic need is present in the future.
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We are proud to announce the availability of this power packed Advertising Campaign that will give you ONE full year of traffic to any url that you can change anytime.
- You Get ONE FULL Year Of Traffic To 5 Sites! Worldprofit’s URL Rotator Runs On Over 5,500 Sites
- Affiliate Link Blaster features your 2 line ad in rotation as the Top Sponsor Ad to MILLIONS per year!
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