The pandemic has been both devastating and a blessing in disguise!
Many of us, myself included have been relentless in getting our fair share of all the free government money that keeps on coming. So you want to pay close attention and hang on every word in this episode of the Restaurant Rockstars Podcast, as there is yet more free money falling from the sky.
I’m speaking with Matthew Patrick, Founder & President of “Whirks” and Patrick Accounting and he will tell all on how your business can qualify for a sizable sum from the new Employee Retention Tax Credit or ERTC.
You’ve already paid hefty payroll taxes in 2020 and now in the new year, so why not get a good chunk of it back direct from the government now?
For 2020, you can qualify for 50% of wages paid to each employee (plus health care benefits) up to a maximum of $5,000, and for the first two calendar quarters of 2021 (and maybe later quarters), this increases to 70% or a maximum of $7,000 per employee.
We’ll also tell you what to do if you started a new business last year or purchased one.
Yes, there are a few conditions, so make sure you listen all the way through.
Now go out there and Rock YOUR Restaurant!
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