Asure Files for More Than $200 Million in Employee Retention Tax Credits Stimulus on Behalf of Clients

Asure Software, Inc.,, a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, announced they have filed for more than $200 million in stimulus on behalf of their clients as part of the Employee Retention Tax Credit (ERTC) program.

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“Getting this critical stimulus money in the hands of our clients is incredibly gratifying,” said Pat Goepel, Chairman, and CEO of Asure. “Early in the pandemic, so much of the focus was on PPP loans and loan-forgiveness. But, because the ERTC program is more complex, many small and mid-sized businesses just didn’t realize how much stimulus was available to them” added Goepel.

Asure’s ERTC Filing Service helps new and existing clients receive this stimulus. The program includes three key elements:

  • Review Qualified Wages – With client’s payroll data, Asure identifies eligible wages, including qualified health plan expenses.
  • Calculate Credit Amount – Asure calculates eligible ERTC wages, taking into consideration the required offsets of wages paid with PPP funds.
  • File Amended Returns – Asure processes the credits in our payroll system for audibility and files the necessary amended tax returns.

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Asure’s Guide to Employee Retention Tax Credits provides businesses with details of the program including decision-trees to help determine eligibility.

“Because so many businesses were understandably focused on PPP loans in 2020 and 2021, many executives don’t realize they were eligible and can still retroactively apply for these tax credits.” Said Pat Goepel. “We’re working hard to educate clients on the eligibility rules and expect many more businesses will file for ERTC stimulus once they learn the details of the program.”

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[To share your insights with us, please write to sghosh@martechseries.com]

Asure SoftwareEmployee RetentionERTC programhuman capital managementpayroll system
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