Employee Retention Tax Credit Calculator
Download Employee Retention Credit Calculator
Did your business have payroll in 2020 or 2021? If so, you might be eligible to claim credit!
We created a calculator to help you determine if your company might be eligible to apply for the Employee Retention Credit. While exceptions may apply, it’s worth knowing if you should pursue the benefit.
Download the calculator and plug in your numbers. If you’re a client of GSG, email it back to your contact and we’ll work with you on the specifics. If you are not a current client, send the file to info@gsg-cpa.com and we’ll connect you with someone who can help.
When the CARES Act was signed into law on March 27, 2020, it established the Employee Retention Tax Credit (ERTC), which entitled eligible employers to a refundable tax credit against certain federal employment taxes.
Today, the ERTC deadline is on the minds of many business owners, and many are wondering when it will expire. Fortunately, there’s still time to claim some financial relief to make up for losses during the challenging years of the COVID-19 pandemic.
Qualified employers can retroactively file for the past 2020 and 2021 tax years until April 15th, 2024 and April 15th, 2025 respectively.
However, understanding the eligibility guidelines and the full ERTC filing process can be challenging for many business owners. Fortunately, Gorfine, Schiller & Gardyn (GSG) has created a proprietary calculator to help determine if your company is eligible to apply for the ERTC. All you have to do is download the calculator and plug in your numbers – it’s that simple.
If you’re a client of GSG, just email it back to your contact and we’ll work with you on the specifics. For non-GSG clients, feel free to send the completed calculator to info@gsg-cpa.com and we will schedule a consultation to discuss next steps.
As always, you can contact us here for any questions you may have about our ERTC calculator.
