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Employee Retention Credit (ERC) Tax Refunds

SBAM’s Vetted & Approved Partners Can Determine Your Eligibility

The Employee Retention Credit (ERC) is a refundable tax credit designed to offer financial relief to businesses that have experienced economic hardship due to the COVID-19 pandemic. Eligible businesses may receive up to $26,000 per employee!

Approved under the CARES Act, the ERC was designed to help employers keep their employees on the payroll and off of unemployment compensation.

In March 2021, updated IRS regulations made this relief more accessible. In short, thousands of businesses who once picked between the Paycheck Protection Program (PPP) and ERC can now possibly use both, by amending their Quarterly Form(s) 941.

SBAM conducted an extensive search process and selected two vendors, Occams Advisory and CLRA Group, that have been researched and vetted by your fellow small business owners as trusted sources to assist members in applying for and receiving the Employee Retention Credit.

CLRA Group

CLRA Group specializes in helping small businesses not only qualify for the Employee Retention Credit (ERC), but also maximize the amount they can claim. They review a business’s financial records to ensure the business meets the eligibility criteria, calculate the maximum amount of the credit they can claim, and assist with filing the necessary paperwork to secure the ERC for that business.

Contact CLRA Group

Occams Advisory

Occams Advisory makes a difference for local small business owners, providing support and resources to help them thrive. That is what they’re all about – empowering small businesses and strengthening our communities. Responsible and ethical business is their way of providing services. Commitment to responsible business practices is invariably prioritized. They are well-trained in establishing the IRS-defined eligibility criteria, ensuring that each client’s claim is maximized while remaining compliant with IRS guidelines.

Contact Occams Advisory