Page 16 - Dining Out - April 17, 2022

Attention:
Restaurant Owners
You are entitled up to $26,000 per employee of
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you may qualify for up to $50,000 in refunds.
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Employer Retention Credits! Local restaurants have already received thousands of dollars in refunds.
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It takes about 20 minutes to complete the form that can tell you if you qualify. Learn how to complete the online form.
Did you know?
• If you were forced to close your business for a period due to the COVID-19 Pandemic, you qualify.
• If you qualified for PPP, you’ll probably qualify for the Employee Retention Credit.
• If in 2021 you experienced a decrease of 20% or more in gross sales in any of the first 3 quarters, you qualify.
• If you experienced loss revenue due to supply chain interruption, you qualify.
• If you could not properly staff your business due to COVID-19, you qualify.
• If you have W-2 employees, you may receive up to $26,000 worth of refunds per employee
How do you qualify for the Employer Retention Credit (ERC)?
-The ERC program is not a loan, it’s a refund based on payroll taxes made by the owners of W-2 EE’s.
-Even though you received PPP benefits, you can still qualify for ERC refunds.
How do we qualify for these benefits.
• Business required to close due to federal/state/county mandates. • 50% decrease in gross sales in 2020 over 2019
• 20% drop in sales in the first three Quarters of 2021
• Supply Chain interruption
• Inability to fully staff restaurant
We would like to personally invite you to a FREE Seminar on May 7 @ 9am and 1pm.
1314 S. King St. #1452
Call to reserve Your Seat
Brian Lee, Estate Planning Specialist
808-591-4811
Or email us at ebusconsulting@gmail.com
We’re looking forward to helping you.
Jonas Otsuji, ERC Specialist
You are invited to a FREE ERC Seminar: May 7 @ 9am & 1pm
FREE PARKING
16 / Dining Out