It’s Not Too Late to Take Advantage of the ERTC

As an employer, if you have yet to apply for the ERTC, we encourage you to review the guidelines and check your eligibility right away.

PBO Advisory Group has been busy assisting our clients with the Employee Retention Tax Credit (ERTC) Program. To date, we’ve helped hundreds of clients from a variety of industries receive tens of millions of dollars in payroll tax credits.

Throughout the process, we’ve found that many employers don’t believe they qualify. On the contrary, a majority of businesses do meet the eligibility standards.

As we’ve previously discussed, employers whose operations meet one of the following criteria qualify for the ERTC:

  • Experienced a significant decline in gross receipts in a calendar quarter compared to the same quarter in 2019
  • Were partially or fully suspended due to COVID-19 government closure orders

According to PBO Advisory Group’s Consulting CFO, Scott Palka, “the ERTC should be carefully reviewed and interpreted as the benefits are great.”

As with many governmental guidelines, the qualifications require explanation and interpretation. Click here for a few misconceptions we’ve recently cleared up about the ERTC program.

As always, PBO Advisory Group is here to help! For more information about the ERTC or for assistance in finding out if you qualify, please contact Consulting CFO Scott Palka.

Scott Palka, CPA, MBA, CFA
Consulting CFO & Member
(858) 935-4847