Employee Retention Credit

Was Your Business Affected by COVID-19? 

If you answered yes, we have good news! Your business may qualify for the Employee Retention Credit. Some businesses could even qualify for up to $26,000 per eligible employee on their payroll. 
ERC is a payroll tax refund born out of the same COVID relief bill as PPP which incentivized businesses who kept employees on payroll during the pandemic. Blackhawk Bank has partnered with Innovation Refunds to help you determine if you qualify. 
 
Get Your Refund Estimate in A Few Simple Steps:
Qualify by filling out the 12 minute application
Upload supporting documents to Innovation Refund's secure portal
Get your docs reviewed by their specialized CPAs
Check your projected refund amount for FREE
Click below to get started!


ERC is a payroll tax refund born out of the same COVID relief bill as PPP which incentivized businesses who kept employees on payroll during the pandemic. Originally, companies were limited in their ability to claim either PPP or ERC but not both. In early 2021 the rules changed and now your business can claim ERC even if you received PPP funds. That’s great news.
PPP was a forgivable loan. ERC returns to the business payroll taxes they already paid. Once you receive the ERC funds from the US Treasury no further action is required on your part.
The rules provide two different ways to qualify based on negative impacts from COVID. In 2020 and/or 2021 did your business experience either: (a) limitations of commerce, travel or group meetings, or (b) a significant decline in revenue? If you answered yes to either of these your business qualifies subject to tax evaluation by Innovation Refunds. Prequalification is not a guarantee of approval. 
Determining the proper amount that you're entitled to is a complex accounting process that requires an expert analogous to an Orthopedic Surgeon or Cardiologist. One of the reasons that Blackhawk Bank chose Innovation Refunds is that their expert CPAs and Tax Attorneys determine, for free, exactly how much money your business is eligible to receive. 
There is no upfront cost to determine if your business qualifies, and if so, to receive what amount of money. Innovation Refunds on average invests 14 hours of expert CPA/Attorney time, at their expense, to determine your eligibility. You will never be charged for this time. If you decide to move forward Innovation Refunds merely shares in a percentage of the money that you actually receive from the government. 
As we all know, government funded programs are subject to change so time is of the essence. In addition, it can take the IRS several months to issue refunds. 












































Click below to watch
a 2-minute video from Innovation Refunds on the
ERC program