IRS Refunds: Up to 33K per Employee - Palma Financial
Let The IRS Maximize Your Cash Flow! 

IRS Refunds Up to 26K per Employee

I wanted to reach out to see if you’ve considered looking into the Employee Retention Credit.

The IRS created some new tax initiatives to mitigate the impacts of COVID-19, and from a business perspective, ERC is very lucrative for businesses.

During the last two years, we have been able to secure significant credits for many clients.

On top of that, new regulations for ERC went into effect for 2021, making it easier to qualify for and significantly more generous.

Basic Parameters for 2020 and 2021

2020:

Eligibility: Decline in gross receipts of 50%+ in 2020 compared to 2019 or partial/full suspension of operations
Benefit: Up to $5k/employee/year in the form of a cash refund

2021:

Eligibility: Decline in gross receipts of 20%+ in 2021 compared to 2019 or partial/full suspension of operations
BenefitUp to $7k/employee/quarter in the form of a cash refund
(Infrastructure bill eliminates 2021 Q4)
If you have a second this week, I would be happy to connect.

Book a meeting at a time that works for you.