The ERC credit had taken the US business world by storm with an unprecedented tax credit in a magnitude never seen in history. But shhh, there is almost a secret which has not yet been realized by hundreds of thousands of qualifying businesses. While regular businesses only qualify if they were severely impacted by Covid-19, startup businesses - on the other hand - qualify with almost no requirement. And this will not last for too long anymore.
And keep in mind; this is not a loan and may be used any way the owner prefers. We like to call it a grant, because this is exactly how it acts.