Ready to claim your ERC today?
Was your business affected by the pandemic?
Find out how you can take advantage of the the IRS program, the employee retention credit. See how much you qualify for quick and easily.
Our department specializes in ERC claim for clients, work with a company that not only will insure your best return but guarantee it is done right. We have processed over 80 million in ERC refunds
What Exactly is the ERC
ERC is a refundable tax credit that you can claim for your small to mid-sized business if you were impacted by Covid-19 during qualifying quarters in 2020 and 2021.
Key Facts
- * Get refunded up to $26,000 per employee
- * Other than a loss of revenue, there are many qualifying factors
- * Your refund is available to claim until the trillion dollars sitting in the treasury budget is depleted.
It is not a loan or grant it is a refund! You are being reimbursed for what you paid in payroll during 4 quarters of 2020 and 3 quarters of 2021. It is your money to do utilize as you see fit
Obtain Tax Credits up to $26k per Employee
We'll do all the work to get you the biggest refund
- Validate and document ERC eligibility
- Accurately calculate your ERC credits
- Reconcile attribution between the PPP and ERC wages
- Prepare and file all necessary paperwork with the IRS
- Provide audit-ready documentation
- Keep your business compliant with program rules
What makes me eligible?
• A full or partial shutdown
• Supply chain interruption
• Inability to work with vendors
• Reduction of services or goods
• Accommodations for sanitation and social distancing
• Loss of revenue
• Claimed a PPP loan
• Inability to access equipment
• Cancellation of key meetings and/or projects
How will the process work?
Once you've applied with us, the next steps are...
01.
Data Gathering
Let us do the work, we'll gather all your 941 returns, PPP loan documents, and payroll data.
02.
Credit Calculation
Our team will look over every form to maximize and calculate the amount of the credit you can receive from the IRS.
03.
Amending Returns
We will prepare and help file the 941-X Amended payroll returns.
04.
Get Paid
The IRS will process the credit and mail you a check.
Why Choose Us
1. This is what we do!
We have a department fully devoted to helping businesses process their ERC refunds:
We do all the work, get us the required forms and let us takeover
Provide a thorough eligibility evaluation.
Analyze your claim in every way possible to ensure we maximize your eligibility refund.
2. Peace of mind.
Let the professionals work on it to begin with, not only will we insure its done correctly but you'll receive the.We have pushed through millions in ERC credits and will get it correct the first time
No cost and risk-free services if you don’t qualify.
Errors & Omissions (E&O) insurance.
Long-term audit protection.
Filing of amended returns with the IRS.
Apply TODAY
Can I still apply for ERC in 2022?
The employee retention tax credit (ERTC) is available to qualifying employers for the last three quarters of 2020 and the first three quarters of 2021. The employer’s tax return for the second quarter of 2020 was due July 31, 2020. This means that you can amend these returns and request a refund until July 31, 2023.
The payroll tax return for the third quarter of 2021 was due on October 31, 2021. That means that you have until October 31, 2024, to amend this return and request a refund.
There is still time to claim the ERTC tax credit in 2022, but you have to act fast if you want to beat the deadline. This tax credit can be complicated, so don’t wait to apply. Check out this guide and claim your refund as soon as possible. This guide explains the deadlines for claiming the ERTC tax credit retroactively. It also looks at the eligibility criteria and walks you through how to claim this credit.
Is the ERC credit taxable?
The answer is no, but it does impact your income tax return. The benefits of receiving the credit far outweigh its effect on your taxes. There is still time to file if you didn’t apply for ERC on your 2020 and 2021 quarterly payroll tax returns.
Doesn't my payroll system/CPA have this information?
Like most economic development business tax incentive programs, the Employee Retention Credit has certain complexities that may impact receiving an accurate, optimized, and audit-ready number. It is important to fully document processes and procedures, organize your records, and avoid any risk areas in advance of a potential IRS audit of the claim, which may come years later.
The ERC has numerous issues such as Controlled Group criteria, documenting qualification methodology, coordination with PPP loans, allocating healthcare expenses to the appropriate time periods, etc. Your payroll company does not have all this information, and your CPA may not have the specific expertise to ask.
It is the reason many CPA'S work with our company
What if I own multiple businesses?
Perhaps the most complicated aspect of the ERC program, separate businesses under common ownership that meet IRS Controlled Group criteria must be evaluated together for eligibility. If the tests are passed, all entities are eligible; if not, none are eligible. The ERC is then calculated and filed for each separately.
Have questions? We're here for you
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