Employers, including tax-exempt organizations, are eligible for the credit if they operate a trade or business during calendar year 2020 and experience a “partial suspension” of the operation of their trade or business during any calendar quarter because of governmental orders limiting commerce, travel, or group meetings due to COVID-19. The coronavirus (COVID-19) outbreak has forced the cancellation of trade shows throughout the world and according to studies, airplane passenger numbers dropped by 60 per cent in 2020 as a result of the COVID-19 pandemic.
According to IRS FAQs, a business that can open (but with restrictions) would still be “partially” shut down due to a governmental order. For example, if a restaurant dining room normally has 100 tables, but due to “social distancing” orders, the restaurant is only permitted to have 50 tables, the employer is still subject to a partial shutdown order and would be eligible for the ERC.
We provide complete, rapid and uncompromising advice around Employee Retention Credits and will help you identify all the ways your business has had impact on commerce, travel and group meetings to qualify for ERC.
Assisted a full service Real Estate Brokerage with over $3,000,000 of PPP Loan Forgiveness
FOOD & BEVERAGE
Assisted a regional chain of restaurants that was limited to 50% capacity with over $10,000,000 in total stimulus relief
SHIPPING
Assisted a nationwide shipping company with over $7,000,000 in stimulus
SCHOOLS & CHURCHES
Assisted a private Christian College with $950,000 of stimulus
CaresACT servicing small businesses. Highly recommended Jorns and their team of professionals for ERTC.
Qualified more than 5,000 Companies for Employee Retention Tax Credits.CaresACT servicing small businesses. Highly recommended Jorns and their team of professionals for ERTC.
Qualified more than 5,000 Companies for Employee Retention Tax Credits.
They were amazing. Malcolm walked me through the process and made it easy start to finish. He was there to help with any question I had. Jorns was thorough with application and made me feel at ease. Anyone looking to get their ERC credit processed should use Jorns as it was quick and secure.
Professional, fast, and thorough. Talked to a couple other ERC companies prior, and then Jorns and I quickly realized that these guys are the real deal. Another company even said i won't qualify after one question about my revenue - what a joke. .
My accountant also told me I don't qualify, and I'm so happy i ignored him. Jorns qualified me for far more than i ever expect because they're pros who actually do the work! Thank you for all your hard work!
Most employers, including tax exempt organizations, can qualify for the Employee Retention Tax Credit (ERC). For employers that qualify, including those with a PPP loan, the credit can be claimed against a portion of payroll from March 13, 2020 to June 30, 2021 and is paid directly to the business in the form of a refund check.
Up to $26,000 per employee
Not a loan - Check from US Treasury
Use money for any purpose
Refundable employee retention credit up to $26,000 per employee is available!