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How Much Cash Can You Get Back From The Employee Retention Credit?
If you’re anything like our current clients, you’re probably skeptical of just how much you can get back in tax refunds and credits from the Employee Retention Credit. $34,000? $116,000? $365,000!? These are real numbers! More importantly, these are real amounts of cash being received by fitness businesses and gyms across the country thanks to […]
READ MOREIs The Employee Retention Credit Worth The Hassle?
Like most good things in life, you have to ask yourself: Is the reward worth the effort? When it comes to getting that last wrinkle out of your linen shirt, we’d say the answer is probably “no”. If we’re talking about potentially receiving tens of thousands of dollars back for your business after an incredibly […]
READ MOREGyms & Vaccinations: Your Top Questions Answered
Today’s guest post is by The Fitness CPA’s recommended human resources company, ERG HR. If you haven’t yet heard of ERG for fitness HR services, we strongly recommend you check them out! Most fitness business leaders don’t have the time or expertise to properly manage HR compliance. ERG created a simple framework that combines people […]
READ MORERecovery Startup Business For The Employee Retention Credit
Started a Business in 2020 or 2021? You May Qualify as a Recovery Startup Business For The Employee Retention Credit If you started a business just prior to, or during, the pandemic… we’re sorry? But in all seriousness, congratulations on achieving a big milestone during such a tumultuous time. And we may have some encouraging […]
READ MORENPE and The Fitness CPA Join Forces To Help Accelerate Fitness Businesses
NPE and The Fitness CPA join forces to help fitness businesses improve profitability and accelerate growth. Here at The Fitness CPA, we’re excited to announce that we’ve officially become a part of the NPE faculty. Are you familiar with the team over at NPE? If you aren’t yet, here’s your sign to check them […]
READ MOREJoin Free Virtual Event: The Fitness CPA x Club Industry Future of Fitness 2021
Eric Killian, CPA of The Fitness CPA will be a guest speaker during Club Industry’s Future of Fitness 2021 Virtual Event on Wednesday, June 16, 2021. If you aren’t aware of Club Industry yet, you’re going to want to check them out. They are a knowledge powerhouse within the fitness industry, covering content from trending […]
READ MOREWhy are gyms and fitness businesses getting back SO much money from the employee retention credit?
Would you rather watch than read? Join us over on YouTube! If you’re anything like our current clients, you’re probably skeptical of why so much money in tax refunds and credits is available from the Employee Retention Credit. “I thought, “No Way!?” Is this a prank? We’re getting back $116, 323! The […]
READ MOREWhy You Haven’t Heard About The Employee Retention Credit Yet
“Why haven’t I heard about ERC like I have PPP?” This is a common question we get when it comes to the Employee Retention Credit (ERC). If we think back to 2020, it feels like PPP 1.0 and PPP 2.0 dominated every accountant-led conversation. I know we certainly wrote an endless amount of content […]
READ MOREWhy Gym, Studio, & Fitness Owners Qualify for Thousands in ERC $$$ (even if you don’t think you do)
Have you heard the phrase “ERC” being thrown about? It stands for: Big Money Is On The Table For Your Business To Grab. Ok, not really. ERC stands for Employee Retention Credit. But in all seriousness, it probably does mean tens of thousands of dollars in the form of a refund check for your business. […]
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