Employee Retention Credit

If you are a business owner or in agency management, hopefully you have at least looked into the Employee Retention Credit (ERC), a refundable tax credit that businesses can claim on qualified wages paid to employees, including certain health insurance costs. If you haven’t, you should!

The ERC can be a complex credit, especially if you want to get all that you can out of it, but there are a number of businesses structured to help. APTA Home Health does not endorse any particular tax consulting or service group, but we have been approached by several re: the ERC.

Many of these businesses will charge 15% - 25% to assist you with the credit, but several state home care and hospice associations have recommended a company that only charges 6% of monies that are actually recovered. They offer a free analysis of your situation, and do not charge their fee until you obtain the credit.

Contact Kris Sanford of Round Peg, an affiliate of Box Financial, for more information at [email protected] or m: 801-678-3635 (Text me, I respond quicker!). Be sure to ask Kris and his team for an overview of the credit and for the educational material that they have available from the IRS and other resources.