ERC Pros Full Test

What does ClearHome (ERC Pros) do?

• We help companies to apply for the ERC Program.

• We payout the ERC money.

• We collect Taxes for the IRS.

• All of the Above.

What does ERC stand for?

• Employee Retention Credit.

• Employment Retention Credit.

• Employers Retention Credit.

• None of the Above.

What is the ERC?

• It is a program where the Employers can apply to retain employees impacted by the Covid-19.

• It is a program where the Employees can apply to survive due to the Covid-19.

• It is a program where the Employers can apply to retain employees impacted by the Covid-20.

• It is a Credit to pay Utility Bills and Taxes.

Who is Eligible to claim the ERC?

• Businesses that has reduction in revenues during 2020 and 2021 compared to 2019.

• Businesses that were impacted due to Covid-19 Governmental Orders.

• Businesses that started After February 15, 2020 and has less than $1.000.000 in gross receipts in 1 year.

• All of the Above.

Which of the following options might

be recognized as a ''Quarter''

• January, February, April

• April, May, July

• July, August, September

• None of the Above.

What is the IRS?

• Government Entity in charge of

  tax reporting.

• Government Entity which pays taxes.

• Government Entity in charge of Utility Companies.

• None of the Above.

How many teams do we have in ERC Pros?

• Email

• Document

• Calculator

• All of the Above.

What is Bitrix24?

• Log In Log Out Tool

• Log In Log Out Tool and Internal Chat

• Log In Log Out, Internal Chat and Feed Tool

• Log In Log Out, Internal-External Chat and Feed Tool

What is Canopy?

• Tool where we can log in and log out.

• Tool where we upload the required Documentation for the customer to apply to the ERC.

• Tool where the Customers upload the required Documentation.

• None of the Above.

What are Taxes?

• The compensation a business must pay to its employees for a set period or on a given date

• Mandatory contributions levied on individuals or corporations by a government entity.

• Better known in Colombia as Nomina.

• All of the Above.