claim up to $26K per w2 employee before time runs out!
PPP Has Run Out - Don't Miss ERC!
Our ERC Experts Can Help:
We have helped 3,000+ businesses claim more than $3.4 Billion in tax credit and stimulus funding. Are You Next?...
Claim up to $26K per Employee before time runs out!
We have helped 3,000+ businesses claim more than $3.4 Billion in tax credit and stimulus funding.
Are You Next?...
Our ERC Experts Can Help:
Talk to our Employee Retention Credit experts today to determine if you are eligible for credits up to $26k per employee.
Our Experts in Economic Stimulus will:
Keep your business compliant with program rules and regulations
Keep your business compliant with program rules and regulations
Prepare and file all necessary paperwork with the IRS
Prepare and file all necessary paperwork with the IRS
Reconcile attribution between the PPP and ERC payroll wages
Reconcile attribution between the PPP and ERC payroll wages
Provide audit-ready documentation
Provide audit-ready documentation
Accurately calculate your ERC credits
Accurately calculate your ERC credits
Validate and document ERC eligibility
Validate and document ERC eligibility
Trusted by Thousands of Small Businesses and CPA Firms nationwide
and many more...
"It's a lot for a small business owner to navigate the different stimulus packages and ensure compliance. Breakthrough was easy to work with and helped us with $285,530 in 2020 ERC Credits."
- Laura Craig | Owner
Jalapeño Inferno
CARES Act Employee Retention Credit Stimulus
Watch our Webinar with the Arizona Commerce Authority to learn more about The Employee Retention Tax Credit (“ERC”)
The Employee Retention Tax Credit (“ERC”) is an economic recovery program created by the CARES Act – the same legislation that created the Paycheck Protection Program (PPP). In addition to PPP, your business may qualify for a stimulus check of up to $26,000 per employee by claiming employee retention tax credits.
Frequently Asked Questions
I received a PPP loan, am I disqualified?
You can still qualify for an ERC refund check, even if you had a PPP or PPP-2 loan. While the CARES Act originally prohibited having both an ERC and a PPP loan, the stimulus legislation recently passed (Consolidated Appropriations Act of 2021) eliminated this prohibition retroactive to March 13, 2020. Your business can now have both a PPP loan and ERC refund, however, special calculations around payroll wages and attribution is required. Breakthrough Consulting provides these calculations and all required schedules as part of a professional engagement.
I did not have a revenue reduction, am I disqualified?
There is not a necessity for a 25% reduction in revenue like PPP-2 if you can demonstrate a partial interruption in business operations. There are many ways business fully or partially suspended operations during each calendar quarter, and we help you document qualifying partial suspensions as part of an engagement. This includes, for example, capacity restrictions on indoor dining, canceled trade shows and group meetings, and other interruptions that are non-nominal in nature.
If your business had to change operations due to governmental orders or if gross receipts declined by 20%, your business likely qualifies. A change in operations could mean extra cleaning or sanitizing, limiting capacity or reducing hours, installing/utilizing protective equipment, temperature checks, or operational impact related to key suppliers or customers. For example, a law firm may have no longer been able to do in-person court hearings or in-person depositions, an
What constitutes a partial suspension of operations?
A partial suspension of operations can take many forms. Here are some common examples we see in businesses like yours:
There are many ways business fully or partially suspended operations during each calendar quarter, and we help you document this as part of an engagement.
How long does it take?
Our Experts usually take 1-2 weeks to process your payroll, reconcile any PPP covered period overlap, and build out the attribution schedules. We will then file your forms with the IRS who will take between 8-12 weeks to process your tax credit and send you a check.
I am very busy, what is my involvement?
After processing thousands of PPP forgiveness applications and ERC credits we have perfected our process to ensure your time is well spent and keep at a minimum. Our ERC process only requires a short 15-minute call with you to review expectations, confirm our questionnaire responses and pull down payroll reports.