Employee Retention Tax Credit (ERTC) pre-interview
About the ERTC Program
The ERTC provision provides a refundable payroll tax credit for up to 50 percent of the first $10,000 of wages ($5,000 max per employee) paid by employers to employees during the COVID-19 crisis.
- For eligible employers with greater than 100 full-time employees, qualified wages are wages paid to employees when they are not providing services due to the COVID-19-related circumstances described above.
- For eligible employers with 100 or fewer full-time employees, all employee wages qualify for the credit, whether the employer is open for business or subject to a shut-down order.