
DB24 Financial Services
SPECIALIZING IN CREATIVE BUSINESS FINANCING SOLUTIONS
(888) 624-DB24 (3224)

EMPLOYEE RETENTION CREDIT (ERC)
ERC Prequalification Form
As a component of the Cares Act of 2020, the Employee Retention Credit (ERC) is a government-sponsored program, designed to provide refundable payroll tax credits for eligible businesses that experienced difficulties due to the COVID-19 pandemic (from March 13, 2020 thru September 30, 2021).
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The ERC program, which now allows a business to participate in both ERC grants and the Paycheck Protection Program (PPP) - thanks to a Biden Administration amendment, has significant benefits for those businesses that qualify, with direct payments of up to $26,000 per W-2 employee.
In order for us to quickly determine if your business can qualify, please provide the following information in the ERC Prequalification Form below:
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IMPORTANT NOTES:
- The ERC is a grant, NOT A LOAN, so it does NOT have to be repaid!
- The expiration dates for submitting ERC-based tax filings are rapidly approaching as
follows - so DON'T DELAY!
An eligible employer claiming a refundable credit for any quarter in 2020 must file IRS Form 941-X by April 15, 2024.
An eligible employer claiming a refundable credit for any quarter in 2021 must file IRS Form 941-X by April 15, 2025.