Employee Retention Credit (“ERC”)
Our Background with ERC
We started filing for ERC for clients in January 2021 from a method in which you used to not pay your federal payroll taxes after running payroll. This was the very first month it became more widely available for businesses that received PPP loans. We now file for ERC the same way everyone else does. We have filed for over 100 clients and our clients have received back tens of millions.
Our process
We have a three step process and very quick turn around times. We do ALL of the work from start to finish ourselves. No outsourcing for anything. Our first step is determining eligibility. This is obtaining financials to do the gross receipts testing. Second step is calculation and completing the amended payroll returns. This is obtaining very specific payroll info, PPP info, and other general info. Third step is to review everything with client, sign the amended payroll tax returns, and mail off to the IRS.
We specialize in start up businesses. If you started a new business between Feb 15, 2020 and December 2021, had payroll costs, and did less than $1m in those years then it is a similar, but easier process to get your ERC.
We quote you actual cost upfront. No cost for eligibility test. Let us know if you’d like us to help.
Eligible by shutdown
There are legitimate ways to become eligible if you don’t meet the gross receipts test. You could have been significantly impacted by a government mandate that took place during the open ERC periods. We don’t have the team to do the full research of government ordinances that we consider necessary to dot your I’s and cross your T’s when a client is not eligible from gross receipts. So, we don’t usually file for these types of clients. We do have a good referral for this that we have no affiliation with.