Wisdom’s Solution for helping churches evaluate and claim the Employee Retention Tax Credit.

Churches could receive up to $26K per qualifying employee for 2020 and 2021.

The Wisdom ERTC Program covers two steps.

Step 1: Evaluation of Qualification and initial calculation.

Wisdom takes all the provided information and evaluates if the church qualifies based on a drop in gross receipts or if they will need to qualify based on a full or partial government shut down.  Wisdom provides this evaluation as well as the initial calculation of credits available for the church to claim.

$250 per year evaluated, due to begin evaluation.

Seen as a credit against final credit prep invoice.

Step 2: Final Calculation and Preparation of Corrected Forms.

Wisdom finalizes the credit calculations based on the quarters that the church qualifies for. 941x forms are prepared, reviewed and provided to the church for submission.

5% of the ERTC credit, due when funds are received from the IRS.
($1,000 minimum per form created)