Part 6/12:
He clarifies that this isn't a traditional grant requiring explicit use instructions. Instead, it’s a tax refund check that can be used freely for any business purpose—whether reinvestment, expansion, or paying debts. For example, a pizza shop used their potential refund to fund an expansion and create 20 new jobs, illustrating the program's flexibility and impact.
Why is this opportunity so significant?
Because it represents the last chance to access pandemic-era stimulus funds, with no future programs anticipated. The average claim can be substantial—potentially hundreds of thousands of dollars per business.
How the ERC Differs from Traditional Grants
Josh emphasizes the distinction between a grant and a rebate: