Our fees are the lowest in the industry! 

Starting at just 13%

We work on a sliding scale, meaning the more your return amount increases, our fees will decrease to help you keep more.

$10,000 – $250,000 our fee is 13%

$250,001 – $500,000 our fee is 11%

$500,001 – $1,000,000 our fee is 9%

$1,000,001 + our fee is 7%

Under the CARES Act, the Employee Retention Credit (ERC) is a tax credit that can be fully refunded. For the 2020 program, eligible employers can claim a credit equal to 50% of qualified wages paid to employees, between 3/12/2020 and 1/1/2021. However, the maximum amount of wages taken into account for each employee for all calendar quarters is $10,000, meaning the maximum credit for an employee in 2020 is $5,000.

For the 2021 program, the credit percentage is increased to 70% of the first $10,000 per quarter for the first three quarters of the year. This raises the annual maximum credit for an employee in 2021 to $21,000.

To facilitate a seamless audit process and ensure the timely filing of your ERC refund, here is a checklist of the required documents:

1. 941 Quarterly Reports: Please provide the reports for Q2, Q3, Q4 2020, and Q1, Q2, Q3 2021. These reports are crucial for accurate calculations.
2. Detailed Payroll Reports: Kindly submit detailed payroll reports corresponding to the quarterly 941 reports for 2020–2021. These reports will support the information provided.
3. Summary of Gross Receipts: We kindly request a summary of gross receipts for each quarter from 2019 to 2021. This will help us analyze your financial data thoroughly.
4. PPP Loan Information: If you obtained a PPP loan, please include the PPP loan forgiveness application(s). This will enable us to assess any impact on your ERC refund.
5. Majority owner(s) (any owner over 10%) & Percentage of ownership
6. List out family members who are on payroll

Businesses have the option to file for the 2020 credit retroactively until April 15, 2024, and for the 2021 credit until April 15, 2025.

This is how the process works: you send us the required documents and we process an analysis at no charge. The process from start to finish usually happens in 2-3 weeks. If you wish to move forward, you will select your desired payment option and we file your claim. Once filed, refunds are released based on IRS backlog. Currently, the IRS has stipulated a 20 week minimum turnaround on the ERC refunds.

Absolutely not! The possibilities are endless! As it’s your money, you can use the ERC refund for anything you wish. Numerous business owners use the funds to pay off debts, invest in new equipment, hire additional employees, take a well-deserved vacation, or even get a jump start on next year’s taxes.

To qualify for the Employee Retention Credit, an employer must carry on a trade or business during the calendar years 2020/2021. This includes tax-exempt organizations, and the employer must meet one of the following criteria:

Experienced a full or partial suspension of operations due to a government-imposed order, which may include capacity restrictions or supply chain disruptions, OR
Suffered a significant decline in gross receipts during a calendar quarter, compared to the same calendar quarter in 2019.

We offer a free initial eligibility analysis for the Employee Retention Credit, which includes an approximate credit calculation. If you choose to file for the ERC with our assistance, our fee will be based on a percentage of the credit you are expected to receive. We charge a 1% deposit at execution of our contracts. 

A trade or business can be deemed partially suspended when a government authority imposes restrictions on business operations that limit commerce, travel, or group gatherings, whether for commercial, social, religious, or other purposes. Such restrictions may include a “Stay at Home Order” for non-essential businesses, capacity restrictions, or other similar measures.

The eligible period, which is the time during which qualified wages are paid to employees, is determined based on one of two criteria:

1. The period during which a governmental order fully or partially suspends the trade or business, OR
2. For the 2020 program, any calendar quarter in which the gross receipts are at least 50% less than the corresponding quarter in 2019, and for the 2021 program, any calendar quarter in which the gross receipts are at least 20% less than the same quarter of 2019.

While the government permits claiming only one tax credit per eligible period, you can still claim an ERC refund if you have already claimed a PPP tax credit. Our filing process separates PPP forgiven wages from ERC eligible wages using our unique methodology. It’s worth noting that various tax credits often cover different types of expenses and eligibility periods, increasing your chances of receiving an ERC refund.

Absolutely! Demonstrating a decline in revenue is not necessary to meet the eligibility criteria for the ERC. If you can provide evidence that your business was significantly impacted (beyond 10%) due to COVID-related restrictions or disruptions, you can qualify under the Government Mandate Test.

The ERC credit is not considered income for federal income tax purposes, but you must reduce any deductible wage expenses by the amount of the credit. Please provide the credit information to your CPA for tax purposes.

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 the owner. In the case an owner has less than 50% ownership, their W2 wages qualify, as do the W2 wages paid to immediate family members.

Yes! Please put is in contact and we will work hand in hand with them in order to file your claim

Your banker, CPA, or Financial Advisor are very familiar with working with the SBA. This is part of why they were very helpful in helping with your PPP funds. Plus, and you may not know this, but the SBA paid the bank administrative fees based on the PPP loans they made, and in this way they were incentivized to educate you about the program and get all your paperwork in order.

The PPP program was also a rather simple calculation. 2 ½ times your average monthly payroll including health insurance and state unemployment taxes. Done.

Contrast that with the complexities of the ERTC program administered by the Internal Revenue Service. From the conversations we’ve had with bankers, they have no interest in involving themselves in your employment tax compliance. For them, not only is it beyond their scope of services, it is a liability.

Plus, if your CPA did know about the program and advised that you were ineligible, it is likely because they were looking at it from a revenue perspective versus limited commerce. These are very important distinctions to keep in mind, because the difference in our ability to handle these complex cases has resulted in many thousands of dollars for clients whose CPA told them they were ineligible.

Your tax accountant is a CPA or EA, and he or she likely only prepares your Federal and State Income Tax Returns. Some accountants also provide bookkeeping services, and others payroll.

We have seen that the majority of CPAs and Accountants do not handle Employee Retention Tax Credit work because of the complex and tedious process to accurately calculate.. In October 2022, we taught a session at the American Institute of Certified Public Accountants (AICPA). Some of the feedback we received from other CPAs was – “ my main focus is on staying up-to-date on the ever-evolving income tax code, and they can’t now become experts in the ERTC program as well.”

The ERTC credits are claimed against Employment Taxes on Form 941, and this is outside the scope of knowledge of most CPA’s or EA’s..

The reason most people believe they do not qualify is because of the complexity of the ERTC program.. If your tax accountant is comfortable determining your eligibility by quarter and year, computing your credits, and preparing the complex documentation to support an IRS audit, then you should certainly let them handle all of this.

If you want a second set of eyes from someone who specializes in complex ERTC filings, we’re happy to help.

Please set up a no-pressure, no-obligation call to speak with one of our knowledgeable Account Executives. They will be very happy to answer any other questions you may have.

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