The Employee Retention (Tax) Credit (ERC) program is part of the $2.1 trillion CARES Act 2020 & subsequent Consolidated Appropriations Act 2021. The federal government established the ERC as a refundable employment tax credit to help businesses with the cost of keeping staff employed.
Many employers and even CPA’s are not aware of the changes to the ERC regulations, that businesses that did not qualify previously, now do.
With new legislation qualifying businesses (& non-profits) with 1 - 499* full time (+130hrs/month) W2 employees can receive UP TO a $26,000 per employee tax credit/refund, even if they have received PPP.
As an Agent you receive 4% commission (finders fee) of the total ERC tax refund/grant received by any client you bring to the Brokerage/Capital tree. You make the introduction and Capital Tree and their CPA’s do ALL the work. You will be joining the Art Weiss Brokerage under Capital Tree.
There are no guarantees but a 4% commission on the average $20k per employee is $800. A qualifying business of just 10 employees could earn you a $8,000 commission, a 50 employee company $40,000. Capital Tree can help businesses of 1 - 499 full time W2 (130+hrs/month) employees. No other ERC processing companies are helping the little guys, the field is wide open. One business per week of 7 employees could earn you over $20,000 per month.
Capital Tree is a financial and ERC specialist company and knows how to navigate through the “minefield” of the CARES Act and specifically the ERC regulations. Their results speak for themselves:
* It is not uncommon for ERC processing companies to take 2 - 4 month just to process and file paperwork to IRS, then there is a 3 - 5 month wait for refund. Capital Tree has arranged with a private bank for qualifying Capital Tree clients to have access to up to 70% of their ERC refund in approx. 4 weeks from initially submitting their paperwork.
With qualifying clients an Agent can receive up to 70% of their commission in approx. 4 weeks from a client submitting their paperwork, not 6+/- months as with other companies.
Also, as with Insurance and Real-estate Brokerages, if you bring other Agents to the Art Weiss Brokerage, as their Sponsor, you help them and will receive 0.25% of their clients total ERC grant/refund. Example: 10 employees, $20k average refund = $200,000 the Agent receives 4%, as Sponsor of Agent you receive 0.25% = $500. You can also qualify with 1 personal sale or by assisting in 3 first level sales to receive 0.25% on 2 additional levels.
(A W-9 must be filled out and submitted before commissions can be paid. It can be done later)