Get Cash Back with The Employee Retention Credit
If You Thought PPP Was Helpful...
The Employee Retention Credit (ERC) will save your restaurant thousands of dollars more. At The Fitness CPA, our clients have received an average $57,000 back in cash from the government, no strings attached.
Receive Thousands of $$$ Back
Receive Thousands of $$$ Back
We're not kidding! As a restaurant or hospitality business, chances are great that you qualify to receive thousands of dollars in your bank account as part of the Employee Retention Credit. Find out how much you can receive with our FREE calculation for your business.
Cash in Hand - Not a Loan!
Cash in Hand - Not a Loan!
Unlike the Paycheck Protection Program (PPP), the Employee Retention Credit is NOT a loan. You will receive a tax refund directly in your bank account, and it's yours for life. Pretty great, right?
You Probably Qualify!
You Probably Qualify!
Are you a restaurant who had reduced income through 2020 and 2021 due to COVID-19? Did you have to shutdown or operate at reduced capacity in 2020? We are 99% sure you qualify!
WE'VE SAVED OUR CLIENTS
AN AVERAGE $57,000 SO FAR!
We've spent hundreds of hours to save you even more money
While the Employee Retention Credit is straight forward in the cash you’ll get back, the application process itself is technical & complex. Even for most accountants. And if you received a PPP loan… it gets even trickier. We’ve spent hundreds of hours over the last few months navigating the nuances between the PPP loan and the new Employee Tax Credit to strategically maximize the amount of money we can get for our clients. Now, as we open our waitlist back up, you get to benefit.
Zack Whitmer
Fort Collins, CO
"The Fitness CPA got us $69,000 back! I thought it was too good to be true, but…. It was REAL! It’s a great opportunity for us to open a second location now. Working with The Fitness CPA is incredible. I don’t understand how you do what you do. Thank you for everything. "
Billy Macaulay
Multiple Locations
"We are potentially receiving $365,000! We were shocked… and still are. I still don’t believe we are actually receiving this much in refund checks and credits. Eric and his team spent countless hours researching these credits and performing the work for clients. The Fitness CPA is one step ahead and provides great value for clients."
Evan Myers
San Diego, California
"We’re getting $88,233 back. Wow!!! I love The Fitness CPA. There’s no other explanation than that. They go above and beyond, and if it wasn’t for them, I honestly don’t know where I would be for the books, taxes, and everything! "
Meaghan Karabatsos
San Jose, California
"$49K !!!! When The Fitness CPA first reached out and told us about a credit, we were anticipating maybe 10-12K, so we were shocked in the best way when we found out how much we were actually going to get back. I would have missed out on nearly $50,000 if it had not been for this extra and PROACTIVE work The Fitness CPA team did for us. I cannot show enough gratitude and appreciation. Thank you!"
Chris Mello
Sioux Falls, South Dakota
"We’re getting back $69,969. I was very surprised… probably shocked! This is going to be a game changer for our business. We’re so excited to have The Fitness CPA as our CPA and advisor. "
Stephen Kearney
Los Angeles, California
"It was unexpected so we were very excited and really happy about this. This last year has been a difficult one so this really was some amazing news that we really did not expect. We’re getting back $63,000! We appreciate so much The Fitness CPA finding this information out for us. If it was not for them, we probably would never have known."
Jordan Cook
San Jose, California
"$47,927! Holy crap this is just amazing. The Fitness CPA is always on top of these things. I am happy, but not surprised. We can now hire a new trainer and pay him as he gets ramped up with clients. I appreciate this dearly!"
Maj-Lis Delgado
Fort Collins, Colorado
"$40,947! We are so grateful for The Fitness CPA’s help. Beyond trusting Eric and his team to do all of the normal CPA things, I know that he truly cares about our family and our business."
Ryan Aicklen
Santa Monica, California
"I thought it was too good to be true. $146,483!! This will continue to allow us to grow and hire more people at higher wages. We love the work that The Fitness CPA do. Best accountants in town!"
WHAT IS THE EMPLOYEE RETENTION CREDIT?
The Employee Retention Credit is a refundable tax credit from the IRS against certain payroll taxes in 2020 and 2021 – as part of the CARES Act. In short? It’s thousands of dollars in cash that you get back for your hospitality business as part of the government’s ongoing COVID-19 relief.
How much money can I claim?
For 2020:
Up to
0 $
per employee
For 2021:
Up to
0 $
per employee
How Do You Apply For The Employee Tax Credit?
[cq_vc_draggabletimeline images=”1945,1942,1962,1963″ contenttitles=”The Fitness CPA Recommends Fitness Business Close,Tenants Begin Rent Relief,CARES Act Signed Into Law,Shelter In Place Begins For 30 States”]
March 17, 2020:Based on CDC social distancing guidelines, The Fitness CPA recommends that all fitness facilities temporarily close. Read recommendation.
March 24, 2020 Tenants Begin April Rent Relief Requests
March 27, 2020 – Coronavirus Aid, Relief and Economic Security (CARES) Act signed into law.
March 31, 2020 – 30 states have ordered shelter in place and closure of many non-essential businesses.
[/cq_vc_draggabletimeline]
1
Estimate Your Cash
We'll estimate your potential savings for free.
2
You Give us a Few Documents
Revenue reports, payroll reports & PPP documentation (if applicable)
3
We Do The Work!
We'll make the calculations & apply on your behalf.
4
Cash in Bank!
You receive the cash in the bank!
FAQ
Can I get Employee Retention Credit and PPP?
Yes, you can! However, there are complex crossovers between the two programs in terms of the eligibility of wages. You’ll need an experienced accountant who is well-versed in Employee Retention Credit to navigate these complexities and maximize savings.
Does the Employee Retention Credit apply to owners?
If you pay yourself as an employee of your business, then yes - it applies to you as well.
How is the Employee Retention Credit paid?
Cash! You'll receive cash directly in your bank account after submit the amendments to your payroll tax returns.
Is there a deadline?
Yes. You have until December 31, 2021 to retroactively claim your tax credits for 2020 and 2021.
How much will I get back?
It depends! The calculations are quite complex. The good news is we are calculating the tax credit for all restaurants and hospitality businesses at The Fitness CPA - for free! There's no obligation to you to work with us or submit the application. We'll simply let you know how much you can save. Why not, right?