Got any questions?

We’re here to help!  Below are some of the most frequently asked questions about ERC refunds.


Ready to book a free consultation?

FAQs

How do I receive my ERC tax refund?

The IRS will issue the ERC as a cash refund through mail. They will send checks for each qualifying quarter, possibly multiple checks per quarter.

How can I determine if my business is eligible for an ERC claim?

To verify your business's eligibility for the ERC, schedule a complimentary, risk-free consultation with our experts. Our process is simple – if you don’t qualify, then you don't owe us anything.

What is the typical timeline for processing an ERC claim?

The processing time for ERC claims differ by how your business was affected by COVID-19, and the amount of employees that your business employs. Here’s what we can do for you – we’ll let you know if you qualify and the exact amount down to the cent, in under one week from receipt of documents

Can I get ERC if my business revenue went up during 2020 and 2021?

Yes! If your business experienced a full or partial suspension of operations, you may qualify for the ERC even if your business revenue went up during 2020 and 2021.

What types of documentation are required for an ERC claim?

To determine your qualification for the ERC tax credit, we require financial documents such as payroll records and quarterly financial statements. We also can work directly with your CPA or payroll company to obtain these documents headache-free.

I’m not familiar with the ERC claim process. Can you help?

Of course! Our team is one of the largest industry leaders in the ERC claim process and will guide you through every step, ensuring that you understand what's going on throughout. Call us or schedule a booked appointment with us on Calendly!

Are there any legal implications tied to ERC claims?

As part of the CARES Act, the ERC program was made to support businesses. Our industry specific CPAs ensure your claim is fully compliant, taking the burden of legal worries off your shoulders. We also have a multi-million dollar audit protection policy in place and will support you post-ERC, for life, on us.

Can I apply for ERC if I have family on payroll?

Yes! You can apply for the ERC, but claiming it on wages paid to family members of owners is not allowed. This restriction applies to immediate family, as well a sin-laws, aunts, uncles, and cousins.

What happens if my ERC claim is denied?

Our CPAs will only sign off on your ERC claim if and only if you are eligible. We almost never receive a denial from the IRS. In the rare event of a rejection, you owe us nothing – you only pay upon receiving the checks in the mail. Normally, if our CPAs find your business does not qualify to claim the ERC, we will let you know a detailed report of why you don’t.

Do I still qualify if I already took the PPP loan?

Yes! Businesses can now qualify for the ERC, even if they have already received a PPP loan, based on the Consolidated Appropriations Act. However, it's important to note that the ERC will only apply to wages that were not used for the PPP.

Didn't find an answer?
Contact Us