Employee Retention Credit
IRS ERC Help is Here. Making Life Better For Small Business. Get Employee Retention Credit (ERC) for your business with our expert services. Maximize benefits, navigate eligibility, and stay informed.
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We help you fully document your eligibility and calculate your maximum ERC.
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What Is Employee Retention Credit?
The Employee Retention Credit (ERC) is a tax credit provided by the U.S. government to support businesses during challenging times, such as the COVID-19 pandemic. It was introduced as part of the CARES Act in 2020 and has since been expanded and extended to help businesses retain their employees.
The Employee Retention Credit
COVID-19 has proven to be a huge hit for all of us. As the world was shut down, the economy came to a halt, leaving the future of many businesses in an insecure position. As we begin to find normalcy again, small businesses now must focus on recovering and fortunately, several government programs are easing this process.
IRS ERC Help is a company which specializes in The Employee Retention Credit or ERC, a program designed to boost those businesses that were able to retain their employees during this challenging time. Due to the complex tax code and qualifications, it is sternly underutilized. Details of the program include:
- UP TO $26,000
- PER EMPLOYEE
AVAILABLE FOR 2020 &
Q1 – Q3 2021 - QUALIFY WITH DECREASED REVENUE OR COVID EVENT
- NO LIMIT ON FUNDING
(ERC IS NOT A LOAN) - ERC IS A REFUNDABLE
TAX CREDIT
The Numbers Speak The Truth
Maximizing the Benefits of the Employee Retention Credit
Understand Eligibility Criteria: To maximize the benefits of the Employee Retention Credit, businesses need to familiarize themselves with the eligibility criteria. Initially, the ERC was primarily available to businesses that experienced significant revenue decline or were subject to full or partial shutdown orders. However, with recent updates, even businesses that did not suffer revenue losses may qualify for the credit.
Consult with Tax Professionals: Navigating the complexities of tax credits can be challenging. Therefore, it is advisable to consult with tax professionals who specialize in ERC to ensure businesses fully understand the eligibility requirements, claim procedures, and documentation needed. Tax professionals can help identify all eligible quarters, calculate the credit accurately, and provide guidance on optimizing the benefits.
Document and Retain Records: Proper documentation is crucial when claiming the Employee Retention Credit. It is essential to maintain accurate records, including payroll reports, revenue statements, and documentation related to government orders or shutdowns. By organizing and retaining these records, businesses can demonstrate their eligibility and support their claims if the IRS conducts an audit.
Stay Updated on Changes: The ERC has undergone several changes and updates since its inception. It is important for businesses to stay informed about any modifications, expansions, or deadlines related to the credit. Regularly check official IRS sources, consult with tax professionals, or join relevant industry forums to stay updated on the latest developments.
IRS ERTC
The IRS ERTC (Internal Revenue Service – Employee Retention Tax Credit is a valuable incentive for businesses that have been financially impacted by the COVID-19 pandemic. This tax credit is designed to help eligible employers retain their employees and navigate through challenging times. By claiming the ERTC, businesses can receive a refundable tax credit of up to $7,000 per employee per quarter. It’s important to understand the eligibility requirements, documentation needed, and the deadline for claiming this credit. Don’t miss out on the opportunity to alleviate some of the financial burden and support your business during these uncertain times.
Why Consult with IRS ERC Help?
Dedicated to ERC
There’s no need to be your CPA’s test subject. We typically receive 10-20% more financing than a CPA who is unfamiliar with the scheme.
Supreme Funding
We assess your claims in every way possible to ensure we escalate your credit.
Instant Results
Our streamlined processes allow for instant results, which means faster funding.
Audit Support Included
If you get audited, we will supply all possible support and assist you in your audits
IRS ERC Help Program Specialists at IRS ERC Help
Our team strictly follows the protocols on ERC allowing us to be the advisors and resulting in more funding for your business.
Professional Support
Although our process is quick and painless, when you have concerns & questions, we have solutions with a dedicated team of professionals.
ERC Qualifications
While the ERC program’s general standards appear straightforward, the interpretation of each qualification is quite difficult. Because of our extensive experience, we can ensure that we make the most of any qualifications that may be accessible to your organization.
✓ FULL OR PARTIAL SUSPENSION OF BUSINESS OPERATIONS
A government agency mandated a partial or complete shutdown of your business in 2020 or 2021. This includes your operations being hampered by commerce, inability to travel, or group meeting restrictions.
✓ GROSS RECEIPTS REDUCTION
The gross receipt reduction criteria for 2020 and 2021 are different, but they are measured against the current quarter as opposed to 2019 pre-COVID amounts.
What our clients are saying
Scott Moore
I highly recommend it. When I learned about the ERC program, I contacted my CPA. He called 30 minutes later to tell me I didn’t qualify. I had ERC Specialists check to see if I qualified out of curiosity. I discovered that I had received the ERC for 7 of my 9 employees.
Deven Rasmussen
The procedure was extremely simple and painless. ERC Specialists was extremely professional and detailed. They also advised me on how to improve my chances of receiving additional funds in the future. I had an excellent experience with them and would recommend them to any business owner.
Contact
- (516) 500-5000
- Mon-Fri 08:00 - 17:00
- contact@irserchelp.com