AlejandraTramel
Created page with "Under current rules, the ERC is a refundable tax credit that is worth up to $7,000 per employee, for each eligible calendar quarter between December 31, 2020, and September 30, 2021. It is capped at 70 percent of qualified wages per employee. Qualifying wages are limited to $10,001 per employee, per quarter. Qualifying wages can't exceed $7000 per quarter, and the ERC maximum for any calendar year is $21,000 per employee.<br><br>The excess amount is refunded. Employers c..."