Most payroll companies and CPA’s do not take responsibility for their miscalculations or omissions. The liability is on the Business owner, or client (We have Professional liability insurance, which is documented in your agreement).

No Insurance to protect you from their mistakesNo Qualification processes

The Employee Retention Credit is a Government Incentive. Payroll companies and CPA’s do not specialize in government incentives or ERC Tax Codes.  For this reason, some of our clients were told they were not eligible for ERC by their CPA or Payroll companies.

No Access to government orders 

Wrong Calculations which then translates to a lower ERC refund for companies. 

There are over 75,000 pages of U.S. tax code including federal tax regulations and official tax guidance. ERC and a few other Tax Credits is all we do.  It’s analogous to a specialized physician versus a general family practitioner.  We specialize in the ERC Tax Code.
 
We take pride in knowing how to validate your eligibility and accurately calculate your ERC.
 
It’s as important to us as it is to you to remain compliant.  
‍
We get you the money properly so you can keep it too.

The IRS expects 70-80% of Small & Medium size Businesses and tens of thousands of charities to receive the ERC.  Many businesses qualify if they were negatively impacted by covid restrictions, vendor disruptions, supply chain issues, travel, and group meetings disruptions. Some experienced reduction in hours or goods and services offered. Many businesses were faced with price increases, all of these scenarios can qualify a business.  Speak to one of our ERC Specialists today to find out how!

With billions of dollars in refunds for qualified businesses—Many companies were previously told they did not qualify. It doesn’t cost you anything to see how much your company may get.   It’s Your Money, Waiting for You.

NO, It’s Like A Grant.

You do not have to repay the Employee Retention Tax Credit. This is not a loan. ERC is a reward to business owners for retaining their employees during their qualifying periods.

The ERC credit is not considered income for federal income tax purposes, but a reduction of payroll, so you must reduce any deductible wage expenses by the amount of the credit.

After receiving your ERC checks, does the IRS then only require businesses to amend their business tax returns for those respective years (2020 & 2021).  The ERC credit is not considered income for federal income tax purposes, but a reduction of payroll, so you must reduce any deductible wage expenses by the amount of the credit. We provide our clients these details after filing if they choose to do it themselves, their CPA or they can choose to have us do it for them.

ERC is a first come first serve basis. Remember how so many businesses didn’t receive PPP because the funds ran out. Therefore, all eligible employers will receive the funds when applied.

We are fast and efficient! Your ERC application (941x) is filed in less than 7 days. 
‍
The IRS is taking 3 to 4 months to process ERC files.  They directly mail you the approval letter and the checks.

Maybe. Wages of owners who have majority ownership, defined as over 50%, do not qualify, nor do the W2 wages of any immediate family members of that owner who owns over 50%. In the case an owner has less than 50% ownership, their W2 wages qualify, as do the W2 wages paid to immediate family members. In some cases, two partners who are unrelated each own 50%, then both of their W2 wages qualify.

No, if you are majority owner (over 50%) of your company then your wages do not qualify.1099 Employees do not qualify for ERC, unlike PPP.