Research suggests that the health and fitness industry has lost over $30 billion in revenue related to the COVID-19 pandemic. The impact has been enormous both emotionally and financially. While nothing can change what’s happened, Congress did pass the CARES Act and the Employee Retention Credit program to help. Understanding these rules and ensuring gym and fitness center owners get the maximum ERC credit is why EZ-ERC was created.
EZ-ERC are specialists in the +150-page IRS rule book that accompanies the ERC Program. Simply put, the law is complicated and the consequences of getting it wrong – or even not getting it 100% right – are enormous. On average, our gym and fitness center owner clients get 40% more money from the US Treasury because we deeply understand complex issues like ERC-PPP overlap, shoulder periods, and how partial suspensions in operations from local regulations open up ERC eligibility to a broader group of fitness centers. In short, our clients get paid more and sleep better at night because of how good we are.