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

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

FromThe Influential Nonprofit


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

FromThe Influential Nonprofit

ratings:
Length:
27 minutes
Released:
Jul 7, 2022
Format:
Podcast episode

Description

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-ercReach 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 
Released:
Jul 7, 2022
Format:
Podcast episode

Titles in the series (100)

You want your nonprofit to make the biggest impact possible on those you serve and to do that you need a community of support. Each week, join Maryanne Dersch, nonprofit revolutionary, as she interviews nonprofit leaders who are growing their influence to raise more money and do more good. If you want to fundraise with ease, build better relationships with board and staff, or just need a shot of fresh ideas and inspiration, this show is for you.