There has been a lot of information circulated lately about the Employee Retention Credit and whether franchised dealers qualify for it. The only way to know for sure if your business qualifies is to gather accurate information and find out for yourself.
Accounting Solutions Ltd. Is an accounting firm of CPAs and Enrolled Agents in business since 1990. The Employee Retention Credit (ERC) has become one of its specialties. The firm has handled these credits for more than 200 entities. Most of the entities are larger employers of more than 50 employees.
By claiming the ERC, an employer can receive up to $26,000 per employee by amending the Federal 941 between the 3rd quarter 2020 and the 3rd quarter 2021. The credits are significantly different between the two years. Accounting Solutions has successfully claimed tens of millions of dollars for its clients!
Please attend this informational CATA Seminar to learn more about the Employee Retention Credit.
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