ProsperWave.com – We Help Your Business Prosper

See If You Qualify For Up To $26,000 Per Employee

No Upfront Fees, No Need To Pay It Back, Use The Money However You Want...

You did the right thing by keeping your staff employed during the pandemic. Now it's time for you to reap the rewards.

Does My Business Qualify?

Most small businesses impacted by COVID qualify for the Employee Retention Credit.

What is the ERC?

Established by the CARES act, the Employee Retention Credit is a tax credit created by the U.S. Government to encourage and reward businesses who retained employees during COVID-19 shutdowns and slowdowns.

Our Average Refund Is $95,000

We've worked with thousands of businesses, click the calculate button now to see how much you qualify for.

It's your money, claim it

Get the money you're owed and put it back into your business. You’ve earned this. The average refund we recover is $95,000. Click the calculate button now to see how much you qualify for.

See How Much You're Eligible For In Less Than Three Minutes

We've streamlined the complex process of claiming your Employee Retention Credit at every turn.

01

1. Enter Your Information

Figure out how much you could get back in minutes by answering some basic questions about your company.

02

2. File Online In Minutes

Our portal streamlines the complex process of claiming your refund and makes sure you get the highest amount back possible.

03

3. Receive Check

The US Treasury will receive & process your claim and then issue your refund.

Frequently Asked Questions

What Is the Employee Retention Credit (ERC)?

It is a government tax credit available to employers who experienced financial hardship due to COVID-19. The ERC is a refundable tax credit equal to 50% of the qualified wages paid by an eligible employer. To be eligible, an employer must have experienced a decrease in revenue or disruption in business due to COVID 19 (which almost every experienced). The credit is available for wages paid from March 13, 2020 through December 31, 2020. For the 2021 program, the credit is increased to 70%, and the limit is $10,000 per quarter. This means the annual maximum for an employee is $26,000.

Who Is Eligible for Employee Retention Credit?

The ERC is available to any employer—including non-profits, regardless of size—that has experienced either a full or partial shutdown of operations due to a governmental order related to COVID-19, or has experienced a decline in gross receipts.

Can I Still Apply for ERC in 2022?

The employee retention tax credit (ERTC) is available to qualifying employers for the last three quarters of 2020 and the first three quarters of 2021. The employer’s tax return for the second quarter of 2020 was due July 31, 2020. This means that we can amend these returns and request a refund until July 31, 2023.

The payroll tax return for the third quarter of 2021 was due on October 31, 2021. That means that we have until October 31, 2024, to amend this return and request a refund.

There is still time to claim the ERTC tax credit in 2022, but you have to act fast if you want to beat the deadline and get yours before the funds dry up. This tax credit can be complicated, so don’t wait to apply. Click here to calculate your estimated refund and expedite getting your money as soon as possible.

How Is ERC Different From PPP?

The Paycheck Prevention Program was a forgivable loan from the government that you had to apply for and were granted based on your credit history and borrower status. The Employee Retention Credit (ERC) returns the payroll taxes that you have already paid and thus it is yours to claim, regardless of your borrower or credit worthiness. Once you receive the funds you do not have to pay them back or take any more action.

Why Is This The First Time I'm Hearing About The ERC?

First of all when the Paycheck Protection Program was announced it was in a different time in the world where all eyes were on the Small Business Association. That program was a first of its kind and thus made a lot more noise (and was marketed much heavier) than the Employee Retention Credit.

In our opinion the Employee Retention Credit is even better as you don’t have to pay any of it back and you can get it even if you already got the Paycheck Protection Program.

Most CPAs and bookkeepers don’t even know this exists which is why it’s important to file with us so that we can expedite the process and get you back as much as possible.

Why Can't My CPA/Bookkeeper Do This For Me?

In our experience less than 5% of CPAs/Bookkeepers even know that this credit exists and those that do most likely are using outdated information (for example previously you could not get this credit if you got PPP, but that changed recently and many CPAs/Bookkeepers aren’t claiming it for their clients).

There are over 70,000 pages of tax code which means it would be impossible to be an expert on all of it. We’re specialists in this field and us and our partners have gotten back almost $3B for small businesses around the United States. Your CPA/Bookkeeper is more of a generalist and will likely just fill out the form without thinking much of it potentially leaving you with hundreds of thousands of dollars you could have gotten back if you did it the right way.

We have a full team of specialists who can work with your CPA/Bookkeeper to get the necessary information required and make it as smooth a process as possible for you.