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QUALIFICATIONS FOR ERC
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Who qualifies for the ERC?
Anyone with W2 employees, not counting themselves or relatives could qualify.
Do I have to repay the ERC?
No, the ERC is not a loan. It is a refundable credit.
If I already got the PPP, can I still get the ERC?
Yes! You can have a PPP loan and still take advantage of the ERC.
If I made more money in 2020, can I still qualify?
It is possible. There are several examples of how you may still qualify. Please contact us to find out more.
Can I qualify if I am self-employed?
No. If you are a majority holder of your company (over 50%) then your wages do not quality.
Will the ERC funds run out?
ERC is not a lending program. Refunds are issued by the Treasury, so all eligible companies will get the credit!
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