Employee Retention Credit

A stimulus for your business

An official partnership with

Employee Retention Credit

A stimulus for your business

An official partnership with

The Employee Retention Credit (ERC) is a tax credit available for small business owners, LLC’s, S-Corps or 1099 employees. Similar to the $1200 stimulus check taxpayers received, this credit is designed to help small businesses during these trying times.



Unlike the PPP, funding is unlimited. Anyone who qualifies and applies, will receive their credit


You don’t need to worry about paying this back, or tracking how you use it. The money is yours


Our team at COS Accounting will take care of all the boring details. We just need some information from you

The ERC will put thousands of guaranteed dollars in your pocket

The ERC will expire on December 31st, 2021.


Are the funds limited (like PPP)?

No, any small business can receive the funds, but you have to apply before December 31st

How much is the credit?

The credit is worth up to $5,000 per employee for 2020, and $7,000 per employee for each quarter of 2021. As long as you still qualify, you can claim it all year

How long does it take to receive the funds?

Right now, it typically takes 12-16 weeks for the money to arrive in your account

Can I get the ERC if I got the PPP loan?

Yes! The new stimulus package allows any business that claimed the PPP to also claim the ERC

What documents/files are needed for me to apply?

We will need your 941 forms from 2020 (all 4), any documentation related to your PPP loan (preferably your forgiveness form), your 2020 Tax Return if you have already filed, and most importantly, a detailed payroll report, preferably attached as an excel file. You can see samples of all files here

Is the ERC a loan?

The ERC is NOT a loan. It is a tax credit, meaning you don’t need to pay it back or track your spending

What Information do you need from me?

We ask questions to understand your business better, things like how coronavirus impacted your business, if you have received unemployment or PPP funds, and if you are married or have kids. All of this is to maximize your earning potential from the ERC.

Schedule a call with an accountant to get all your questions answered

How is this different from the PPP?

There are many differences between the ERC & PPP, check out our PDF guide to learn about some of the key differences


Schedule a call with a tax expert who will help you understand the ERC Tax Credit, answer your questions, and help you qualify.

COS worked with me and helped me get the ERC check in a timely fashion. They also helped me restructure 2 of my companies. Thanks COS.
- Gary D

Honestly, such a trustworthy firm. Great for setting up S-Corporations or LLCs, super smooth process for my wife and I. Looking forward to all our savings!
- Cooper B

Very organized accounting firm and will do anything to make sure that you have a great experience. They want to help you in any way that they can.
- Tanner C


A member of our team will reach out within the next 72 hours.

We will call from the following number: