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Paychex, "Get the Credit You Deserve" ERTC sales sheet, doc. 988607 (10/20/21)

Summary

Paychex, Inc. text titled "Get the Credit You Deserve" about the Employee Retention Tax Credit (ERTC), copyright 2021, document 988607 10/20/21. It says a business that maintained and paid staff qualified wages after March 12, 2020 might be eligible, and that a poll found 60% of businesses surveyed were not aware of ERTC. It gives the maximum credit as $5,000 per employee annually for 2020 and $7,000 per employee per quarter for 2021, with eligible wages earned through Dec. 31, 2021. Paychex states that it is one of the only providers offering an ERTC service, that a customer who is not eligible will not be charged a fee, and that Paychex clients, on average, qualified for $87,000 in tax credits.

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“Paychex, ‘Get the Credit You Deserve’ ERTC sales sheet, doc. 988607 (10/20/21).” Original at pages.paychex.com. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/paychex-get-the-credit-you-deserve-ertc-sales-sheet-doc-988607-10-20-2-9d1907e151/, SHA-256 bcec89b987892a257b503dddd86e8657c4da1dcb282112568449d2a84525a5b4.

Full text

Get the Credit
You Deserve




If you maintained and paid your staff qualified wages after March 12, 2020, your business
might be eligible to claim the Employee Retention Tax Credit (ERTC). This could infuse tens of
thousands of dollars back into your operation.


What You Need to Know                                                              Paychex Can Help
ERTC can be claimed retroactively and your business has                            A poll found that 60% of businesses surveyed were not
three years from the sunset of the program to amend its                            aware of ERTC1. The savings alone potentially could pay
tax returns.                                                                       for your payroll service for years. If your current provider
   • Eligible wages can be earned through Dec. 31, 2021,                           is not explaining the benefits of this credit, it might be
     and we are monitoring legislation that might change                           time for a change.
     that date to Sept. 30, 2021.                                                    • We are one of the only providers offering an
   • Maximum credit, depending on when qualified                                       ERTC service
     wages were paid, is $5,000 per employee annually                                • We’ve made the process simple and efficient
     for 2020 and $7,000 per employee per quarter                                      by using a customer’s payroll data
     for 2021                                                                        • It’s easy to check if you are eligible, and if you
   • The quicker you take steps to claim the credit, the                               aren’t you won’t be charged a fee
     quicker you take advantage of the savings

Your business is eligible for the credit if:
                                                                                      Let’s work together so the Paychex
   • Operations were partially or fully suspended under                               ERTC service can work for your
     government orders due to COVID-19 and/or had a
                                                                                      business. Contact me today.
     decline in percentage of gross receipts*
   • Or, you qualify as a Recovery Startup Business
                                                                                      Name

Why Leave Money on the Table?
                                                                                      Phone

        $87,000                                                                       Email
        Paychex clients, on average, qualified
        for this amount in tax credits


© 2021 Paychex, Inc. All Rights Reserved. | 988607 10/20/21
1
  Bredin Snap Poll
*
  Various pieces of legislation during the pandemic changed the percentage rate.
   It was 50% in 2020 and 20% in 2021 from a comparable quarter in 2019.


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