Employee Retention Credits (ERC’s) are refundable tax credits designed to reward business owners for retaining employees throughout the COVID-19 pandemic. It’s now 2023, but employers can still apply for the credit retroactively.
Employee Retention Credits (ERCs) are refundable tax credits designed to reward business owners for retaining employees during challenging economic times. Although the initial focus was supporting businesses during the COVID-19 pandemic, these credits remain available for retroactive claims. At Mellor and Associates, our ERC tax credit services help companies in Utah navigate the application process and maximize their eligible tax savings.
Free ConsultationThe Employee Retention Credit (ERC) is a payroll tax credit introduced as part of the CARES Act to encourage employers to retain employees during periods of economic uncertainty. Eligible businesses can claim substantial refunds for employee wages during qualifying periods. Key benefits of the ERC include:
If your business retained employees during the pandemic, you could be eligible for thousands of dollars in refundable credits.
Our employee retention credit services in Utah help businesses determine their eligibility based on the following criteria:
Our team simplifies the process, ensuring you understand your eligibility and submit the correct documentation.
Call now: 385-276-0506
or fill out the form.
Navigating ERC applications can be complex, but Mellor and Associates offer specialized expertise through our ERC filing service in Utah. Our team provides:
With Mellor and Associates managing your ERC claims, you can focus on running your business while we maximize your tax savings.
Trucking Co.
Primary reason for qualifying:
Experienced a significant decline in gross receipts in various quarters in 2020 and 2021 (compared to 2019).
PPP Loans?
Receive both a first and second draw PPP
Total ERC Credits
$3,600,000
Home Health Agency
Primary reason for qualifying:
Company was formed after February 15th, 2020 and qualifies for credits in Q3 and Q4 or 2020.
PPP Loans?
No PPP Loans
Total ERC Credits
$100,000
Construction Company
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q4 2020 compared to Q4 2019.
PPP Loans?
Receive both a first and second draw PPP Loan
Total ERC Credits
$336,000
Not for Profit Organization
Primary reason for qualifying:
Experienced a significant decline in gross receipts in various quarters in 2020 and 2021 (compared to 2019).
PPP Loans?
First Draw PPP Loan
Total ERC Credits
$40,000
Educational Services
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q4 2020 compared to Q4 2019.
PPP Loans?
First Draw PPP Loan
Total ERC Credits
$160,000
Attorney’s Office
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q3 and Q4 of 2020 compared to Q3 and Q4 of 2019.
PPP Loans?
Received both a first and second draw PPP Loan
Total ERC Credits
$300,000
Casual Dining Restaurant
Primary reason for qualifying:
Experienced a significant decline in gross receipts various quarters in 2020 and 2021 (compared to 2019).
PPP Loans?
Received both a first and second draw PPP Loan
Total ERC Credits
$415,000
Mining Company
Primary reason for qualifying:
Experienced a significant decline in gross receipts in 2021 compared to 2019.
PPP Loans?
Received both a first and second draw PPP Loan
Total ERC Credits
$110,000
Fast Casual Restaurant
Primary reason for qualifying:
Experienced a significant decline in gross receipts in Q2 2020 compared to Q2 2019
PPP Loans?
First Draw PPP Loan
Total ERC Credits
$18,000
Choosing the right partner for your ERC claim is critical. Mellor and Associates stand out due to our:
Don’t leave money on the table. Contact Mellor and Associates to learn how our ERC filing service in Utah can help your business secure the refunds it deserves. Call 385-276-0506 or fill out the form below to schedule your consultation.
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