Employee retention tax credit eligibility
In general, you may be eligible for the ERTC if your business:
- Was fully or partially suspended due to orders from an appropriate governmental authority limiting commerce, travel or group meetings due to COVID-19; or
- Has 2020 gross receipts for at least one calendar quarter that are less than 50% of the gross receipts received during the same calendar quarter(s) in 2019 (and/or less than 80% in 2021).
If you believe you meet the ERTC qualifications above and are an existing Wipfli client, we are here to help. Our fee for assisting with determining your eligibility starts around $1,000 and will ultimately depend on your specific situation.
Please contact your Relationship Executive to engage Wipfli and start the ERTC review process.