Innovation Refunds

Name: Shawn Newhouse Phone: 515.220.7423

Website: https://qualify.innovationrefunds.com/refund-application/eo-inland-empire

As a small to medium-sized business, it’s likely that you were negatively impacted by COVID-19, and you certainly weren’t alone.

Due to financial suffering across the country, Congress passed theCoronavirus Aid, Relief, and Economic Security (CARES) Actto help get businesses back on their feet — with a special section called the Employee Retention Credit (ERC).

The Employee Retention Credit (ERC) was developed to encourage and support employers who retained existing employees throughout 2020 and for the first three quarters of 2021 by offering a generous payroll tax refund through the IRS.

Eligible businesses can receive a refund of up to $5,000 per employee for all of 2020 and up to $7,000 per employee kept on the payroll for each quarter for Q1 through Q3 of 2021. That’s a total refund of up to $26,000 per employee kept on your payroll.

Conditions of EO Membership Application and Renewal:
Every member who applies or renews their membership agrees to comply with the Policies and Procedures, Bylaws and Code of Conduct of Entrepreneurs' Organization. Current members must complete the online renewal form acknowledging review of the organization's Policies and Procedures, Bylaws and Code of Conduct.

Innovation Refunds

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