Stay in the know. Subscribe to Currents
Just In!Money

Can the Government Help Your Business Recover From the Pandemic?

1 Mins read

If your small business was open for business during the COVID-19 pandemic and you kept employees on payroll, your small business may be eligible to receive a payroll tax refund through the Employee Retention Credit program.

The ERC is essentially a payroll tax refund for SMBs. Your small business may be eligible to receive up to $26,000 for every employee you retained during the pandemic. The ERC is part of the same CARES act that offered Payroll Protection Program loans (PPP) to small businesses.

When the CARES act was first passed, businesses could only apply for either PPP or ERC, but not both. That changed in 2021 when updated regulations allowed companies to access both relief packages. But so many business owners are still unaware of the ERC program or how to determine if they qualify.

There are still funds available—but only until April 15, 2024, so if you don’t want to leave money on the table, you need to find out if your business qualifies for ERC assistance. It’s easy—and it’s fast. Go to, and Innovation Refunds can let you know if your business may be eligible to receive ERC assistance in eight minutes. Yes, only eight minutes!

Think of all the things you can use these funds for. You can take immediate steps toward reaching your 2023 goals, upgrade or buy new equipment, expand your marketing budget, open a new location, hire new employees, and so much more.

Again, time is of the essence here. The ERC program ends on April 15, 2024, so go to today to find out if your business qualifies for ERC assistance.

In partnership with Innovation Refunds.

ERC stock image by Vitalii Vodolazskyi/Shutterstock

Related posts

6 Ways to Get Extra Money for Your Small Business

4 Mins read
Every small business can use some extra money, especially today when budgets are tight, and costs are rising. So, check out the…

5 Immediate Actions Small Businesses Can Take to Survive Financial Pressures

3 Mins read
Small businesses are bracing for the financial fallout from the Fed’s latest rate hike. Coupled with inflation, which remains the top concern,…

Money to Grow On

1 Mins read
Could you use $5,000 to help your small business? Of course, you could—what small business owner doesn’t need more money? The good…