The El Segundo Chamber received our Employee Retention Tax Credit and your business or non-profit can do the same!

Up to 26K per employee!

For more information, call Ed Myska at 310-871-4257.

 

Employee Retention Credit Program (ERC):

  • As part of the Cares Act, this program rewards businesses who maintained W2 employees on their payroll during 2020 and 2021.


  • Profit and non-profits are eligible!


  • 7 to 500 employees (if you have multiple companies, each will qualify on it's own merit).


  • 3-4 months to receive the check directly from the Treasury (This is not a loan and does NOT need to be earmarked or paid back.)



  • Your business DOES NOT need to show a decrease in revenue or profit during 2020 or 2021 to be eligible.


  • Full and part time employees are eligible.


  • 90%+ of businesses are eligible for this tax credit program under the Cares Act.


  • Up to $26k per eligible employee.


 
Cressida Capital
More info on the ERC
 
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