Ep. 1691 How to HACK the Failing Biden Economy!!
Turley Talks
podcast@turleytalks.com
4.8 • 1.3K Ratings
🗓️ 17 June 2023
⏱️ 18 minutes
🧾️ Download transcript
Summary
Dr. Steve is joined by Josh Zieglowsky, from ERC Specialist, as they talk about how to recoup some of the losses and revive businesses endured during the Biden lockdowns.
Josh and his team have helped thousands of Turley talkers and patriot business owners take advantage of an amazing resource called the Employee Retention Credit.
Highlights:
● “There was another program at the exact same time as PVP called ERC, which stands for Employee Retention Credit, but you could not get both. In 2021, what President Biden did was he amended it and called it the American Rescue Plan Act, under the CARES Act. - Josh Zieglowsky”
● “And our main purpose is to help people and go through that process. And that's what's kind of made us different from the competition is we've made it very automated, and easier for business owners to go through the questions, answer the questions for their business, upload a couple documents, t takes us about two, three weeks to get back to them and say, you're approved for, $322,000 and 11 cents. Do you want us to file? Because we don't charge anything up front. We only charge a percentage of what they get approved for when they get the money from the IRS, that's the one thing that's the bad part of the program is it does take the IRS six months to send out the money. We wait until the money's received and then we take 15% of that. - Josh Zieglowsky”
● “It's an amazing opportunity. You literally have free money out there that's just waiting for you to pick it up. And it's yours anyway. You're the taxpayer, so don't wait.”
Timestamps:
[02:29] What is this E.R.C?
[07:03] Who's eligible to take advantage of the E.R.C credit?
[13:09] What can they do right now to start taking advantage of this opportunity?
Resources:
● Get your money back from Biden HERE: https://ercspecialists.com/?fpr=turley
● Go to https://expressvpn.com/turley to find out how you can get 3 months free!
● HE’LL BE BACK! Get your limited edition TRUMPINATOR 2024 Bobblehead HERE: https://offers.proudpatriots.com/
● Join Dr. Steve's Community of Courageous Patriots Building a PARALLEL Conservative World at https://join.turleytalks.com/insiders-club-evergreen/?utm_medium=podcast
● Join my growing FREE Courageous Patriot Network TODAY: https://group.turleytalks.com/telegram-chat-optin
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Transcript
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| 0:00.0 | Are we seeing the revitalization of conservative civilization, all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning. |
| 0:19.0 | I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink, and a new conservative age is rising. |
| 0:26.0 | Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come. |
| 0:39.0 | This is Turley Talks. |
| 0:42.0 | Hey gang, it's me Dr. Steve, and if you could believe that we're still reeling from the disastrous consequences of those draconian lockdowns that basically shut down the world economy, I was just reading a report from Germany, which perhaps more than any other nation in forced lockdowns, mass mandates, vaccine mandates, you name it. |
| 1:11.0 | They've now officially entered a recession. They literally still have yet to recover from all this madness. The good news is that here at home, we have a number of patriot experts out there who are showing us how to recoup some of the losses we endured during the Biden lockdowns. |
| 1:31.0 | And so I'm joined today by my good friend Josh Saglowski from ERC specialist, Josh and his team have helped thousands of Turley talkers and patriot business owners take advantage of an amazing resource called the Employee Retention Credit. |
| 1:47.0 | When I first heard about it, I couldn't even believe something like that existed. It's could absolutely amaze you. It's a once in a lifetime resource to help owners recoup losses and revive businesses and Josh is here to show you how you can do the same. |
| 2:06.0 | So Josh, welcome back my friend. Great to see you again. Yeah, great to see you my friend. |
| 2:12.0 | It's awesome. It's been a comeback. Thanks. Thanks for having me again. |
| 2:16.0 | Yeah, well, you've been on the channel several times, but for our new subscribers or viewers who have missed it, I tell us about this Employee Retention Credit. It was amazing when I first heard about it. Every time I hear about it, I'm still blown away by it. What is this ERC? |
| 2:32.0 | Yeah, so I always like to quickly kind of give the one minute version of how it even started because my background is I'm a serial entrepreneur, but mostly commercial real estate investor. |
| 2:42.0 | And in 2019, I bought into an oil business in Wyoming. I'm out of Utah and that oil business through the pandemic was basically shut down. |
| 2:51.0 | I mean, there was even an art league newspaper article that says it hasn't happened 83 years that every single well in the city of Wyoming is plugged. |
| 2:59.0 | And so what I was trying to do as a minority owner of that business is just trying to find extra money pandemic COVID relief money. We did PPP. |
| 3:08.0 | And then in fast forward in 21, President Biden amended the CARES Act, you know, and in 2020 is when, you know, majority people were rushing to the banks to go get PPP money and banks were compensated for that. |
| 3:22.0 | They were the ones that were broken the PPP money for the SBA department. So with that, there was another program at the exact same time as PPP called ERC stands for Employee Retention Credit, but you could not get both. |
| 3:36.0 | Well, in 21, what President Biden did is he amended it and called the American Rescue Plan Act under the CARES Act and said, hey, if you got PPP, you can now get ERC. |
| 3:46.0 | And then through 2021, I mean, just fast forward here, it was amended a few different times. And it just made it a little bit easier, a little bit easier, a little bit easier for business owners to claim this credit. |
| 4:00.0 | You know, PPP was alone that was forgiven later and you had to specify what you're using the money for in order to be forgiven, where ERC is forgiven the day you get it. |
| 4:09.0 | Wow. And you can use it for whatever you want in your business. This is up to $26,000 per W2 employee. |
| 4:16.0 | Wow. Now, you mentioned that it's been amended a few times. Has it changed since the last time we spoke? |
... |
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