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.
File and source
- File
- ertc-ss-fnl_e2bf1986ea.pdf
- Size
- 643,694 bytes
- SHA-256
- bcec89b987892a257b503dddd86e8657c4da1dcb282112568449d2a84525a5b4
- Our copy
- ertc-ss-fnl_e2bf1986ea.pdf
- Original
- pages.paychex.com