The Influential Nonprofit

Susan Holt & Michael Slawin: New funding Opportunity In The Employee Retention Credit Program

Episode Summary

Michael Slawin: As a fourth generation entrepreneur, Michael has been involved with a variety of businesses including Real Estate (where he completed rehabs utilizing tax credits), E-commerce, Printing, and has volunteered and supported a number of nonprofits. Susan Holt: Susan has been in the financial services for five years and has partnered with ERC Specialists to help nonprofits and businesses with the last of the CARES Act. Key Takeaways: Employee retention credit is a payroll tax, it’s money that has been collected from nonprofits and businesses. There’s 400 billion dollars available and it’s not going to run out until the last check is written. One of the things the government failed to do is to publicize the availability of the ERC. They also kept changing the guidelines. That’s why there aren't a lot of people that are informed of its existence. A partial shutdown is considered a reduction of services as it would mean that you were in a reduced capacity to serve your clients. You don’t have to have a total shutdown in order to qualify. When applying for the ERC, there’s no fees, no obligations, nor are there any costs. Hiring ERC specialists and forensic payroll tax experts that will go line by line in your documents is the best way to maximize the credits within the law. “They’re being rewarded for keeping their employees on payroll. They’ve already paid these taxes, the money is on the table just waiting for businesses and nonprofits to apply.” - Susan Holt “One thing I do want to stress is this is general operating budget money, there’s no restrictions on what the nonprofit can do with the money.” - Michael Slawin Click on this link to schedule an appointment to begin pre-qualifying: https://calendly.com/schedule-your-review/click-here-to-meet-regarding-erc Reach out to Susan Holt & Michael Slawin at: Website: http://www.ERCPlanning.com Be more confident, credible & convincing to your board & supporters without feeling rejected, ineffective, or pushy.Learn to manage your mindset, lead yourself and others more effectively and have the meaningful conversations that drive your most important work. Get your free starter kit today at  www.theinfluentialnonprofit.com

Episode Notes

Michael Slawin: As a fourth generation entrepreneur, Michael has been involved with a variety of businesses including Real Estate (where he completed rehabs utilizing tax credits), E-commerce, Printing, and has volunteered and supported a number of nonprofits.  

Susan Holt: Susan has been in the financial services for five years and has partnered with ERC Specialists to help nonprofits and businesses with the last of the CARES Act.

 

Key Takeaways:

 

“They’re being rewarded for keeping their employees on payroll. They’ve already paid these taxes, the money is on the table just waiting for businesses and nonprofits to apply.” - Susan Holt

“One thing I do want to stress is this is general operating budget money, there’s no restrictions on what the nonprofit can do with the money.” - Michael Slawin

 

Click on this link to schedule an appointment to begin pre-qualifying:

https://calendly.com/schedule-your-review/click-here-to-meet-regarding-erc

Reach out to Susan Holt & Michael Slawin at:

Website: http://www.ERCPlanning.com

 

 

 

Be more confident, credible & convincing to your board & supporters without feeling rejected, ineffective, or pushy.

Learn to manage your mindset, lead yourself and others more effectively and have the meaningful conversations that drive your most important work. 

Get your free starter kit today at  www.theinfluentialnonprofit.com