Gerest CPA

What company do we work for?

• Gerest

• ERC

• Gerest CPA

• IRS

What do We do?

• We help the different companies that apply to review the requested documents in order to verify and ensure that they can apply to the  ERC credit.

• We help the different Employees that apply to review the requested documents in order to verify and ensure that they can apply to the  ERC credit.

• We help the government that apply to review the requested documents in order to verify and ensure that they can apply to the  ERC credit.

• None of the Above.

What is ERC?

• Is a Credit designed to reward businesses for retaining employees during COVID-19

• Is a credit that employees can apply as they were affected due to COVID-19

• Is a loan approved by the government for the companies impacted due to COVID-19.

• None.

What is a Payroll?

• Desprendible de Pago

• El Pago de la Quincena

• Estado de Perdidas y Ganancias

• Formulario de Pago

What does ERC stands for?

• Employi Ritencion Credit

• Employment Retain Court

• Employee Retention Credit

• Employer Retention Credit.

Which of the following is a Quarter?

• January, March, May,

• August, September, October

• October, November, December

• February, March, April

Employers who had a 50% loss in 2020 and a 20% loss in 2021 referring to same quarter in 2019 CANNOT apply to the ERC?

• True

• False

Employers who did not have a 50% loss in 2020 and did not have a 20% loss in 2021 referring to 2019 can apply to the ERC?

• True

• False

In an interview with a governor in which she indicated that measures would be taken to prevent access to a company's raw materials. Is this considered a governmental order?

• Yes

• No

If an employer started its business on March 15, 2020, and did not achieve $1,000,000 in gross receipts to its company by March 15, 2021, can it be eligible for the ERC?

• Yes

• No