Employee Retention Credit (ERC) Still Available: Restaurants Can Claim Thousands

Employee Retention Credit (ERC) Still Available: Restaurants Can Claim Thousands

Employee Retention Credit (ERC) Still Available: Restaurants Can Claim ThousandsPOS USA, a leader in point-of-sale solutions for the restaurant industry, has teamed up with The Relief Consultants, a renowned team of certified CPAs, to assist restaurants in claiming the Employee Retention Credit (ERC). This partnership is crucial as many restaurants remain unaware of the substantial financial relief the ERC offers.

The Employee Retention Credit, established under the CARES Act, is a significant tax credit that can return thousands of dollars to restaurants with W2 employees. Despite some circulating misinformation, the ERC is still accessible for eligible businesses. If your CPA has advised otherwise, it’s essential to verify and explore your options.

To qualify for the ERC, restaurants must have experienced a slowdown in 2021 or had to adapt their operations due to the COVID-19 pandemic. The Relief Consultants’ certified CPAs are ready to guide restaurant owners through the eligibility process, ensuring they receive the maximum benefit. The application process is streamlined and risk-free.

Key Statistics:

  • The ERC can provide up to $7,000 per employee per quarter for 2021.
  • Over 80% of eligible restaurants have yet to claim the ERC, potentially missing out on thousands in financial relief.
  • Restaurants can claim the ERC even if they received PPP loans, as long as they meet the eligibility criteria.

“We are thrilled to partner with The Relief Consultants to help restaurants claim the Employee Retention Credit,” said Jason Feemster, CEO of POSUSA. “Many restaurants have been hit hard by the pandemic, and this tax credit can provide much-needed financial relief. Our goal is to ensure every eligible restaurant can claim what’s rightfully theirs.”

Don’t let misinformation cost you. Seize this opportunity today and give your restaurant the financial boost it deserves with the ERC. Contact POSUSA and The Relief Consultants now to learn more and start claiming your tax credit. Your bottom line will thank you later.

For more information about the Employee Retention Credit and how POSUSA and The Relief Consultants can assist your restaurant, please visit ERCTaxServices.com.

POS USA has been a trailblazer in providing point-of-sale solutions to the restaurant industry, streamlining operations and enhancing customer experiences. With a focus on innovation and customer service, POS USA has become a trusted partner for restaurateurs nationwide.

The Relief Consultants is a boutique consulting firm that helps businesses secure stimulus funds like the Employee Retention Credit (ERC) through expert CPA guidance, ensuring maximum eligible relief with a streamlined process.