“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 […]
Category Archives: Employee Retention Credit (ERC)
Employee Retention Credit (ERC)
Why Gym, Studio, & Fitness Owners Qualify for Thousands in ERC $$$ (even if you don’t think you do)
24
May
May
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. […]
20
May
May
While the Employee Retention Credit (ERC) has been around since March 2020, recent changes in legislation have meant that it’s coming into the spotlight now more than ever. Why? The new rules allow businesses to claim both PPP and ERC – and retroactively claim funds all the way back to Q1 2020. Pretty great, right? […]
20
May
May
We know what you’re thinking (and many of our clients thought it too!): “Is the Employee Retention Credit real? This seems too good to be true.” We promise: it is real, and it’s not too good to be true. On average, our clients at The Fitness CPA have received $57,000 in cash through the Employee […]
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