Industries We Serve
Businesses that operate in biotechnology and pharmaceuticals are eligible for the Employee Retention Credit tax credit.
The Biotechnology and Pharmaceutical industries faced unprecedented challenges during the COVID-19 pandemic. From supply chain disruptions to delays in clinical trials, many businesses in this sector encountered financial uncertainties. The good news is that these industries can still benefit from the Employee Retention Credit (ERC) tax refund, allowing them to recoup some of the revenue lost due while they retained their employees.
The ERC funds can be substantial, often exceeding the financial relief provided by programs like the Paycheck Protection Program (PPP). Moreover, there is nothing stopping you from accessing the ERC even if you have previously applied for and received a PPP loan.
Here are some of the qualifications that healthcare and telemedicine industries can leverage to qualify for the ERC refund:
Did you miss the initial deadline? Don't worry! Biotechnology and Pharmaceutical businesses still have the chance to claim the Employee Retention Credit (ERC) refund for the pandemic years. The government still allows a generous three-year window, however, we still suggest you move fast to secure the funds before changes to the program take effect.
We believe in making the process as easy as possible. Reach out to us today through a quick phone call at 1-888-210-8870 or via our chat to determine if you qualify for the ERC tax credit. You can also be certain, all our interactions and appointments are strictly confidential. Our specialists are here to serve Biotechnology and Pharmaceutical businesses nationwide, helping you navigate the path to financial recovery.
