The Refund Consultants

07/21/2023

Ten Things to Consider When Choosing an ERC Company

07/21/2023

Are They Asking You for the Right Documentation to Determine Eligibility? If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for: 1. 941s & 940s 2. Quarterly P&Ls for 2019, 2020 and 2021 3. Ownership shares & relatives on the payroll 4. Other businesses with overlapping ownership…...

Questions you can ask: ● What will you charge me if I don't receive my Tax Credit? ● Will you refund my fee if the IRS challenges my Refund down the road?

07/21/2023

Are They Asking You for the Right Documentation to Determine Eligibility? If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for: 1. 941s & 940s 2. Quarterly P&Ls for 2019, 2020 and 2021 3. Ownership shares & relatives on the payroll 4. Other businesses with overlapping ownership…...

Questions you can ask: ● Can we file even if we took a PPP loan? ● How do ERC and PPP conflict? ● How does a forgiven PPP loan affect our ERC credit?

07/21/2023

Are They Asking You for the Right Documentation to Determine Eligibility? If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for: 1. 941s & 940s 2. Quarterly P&Ls for 2019, 2020 and 2021 3. Ownership shares & relatives on the payroll 4. Other businesses with overlapping ownership…...

● How do you know how our particular business was affected by government mandates? ● Of all the different levels of government that issued rules, which ones

07/21/2023

Are They Asking You for the Right Documentation to Determine Eligibility? If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for: 1. 941s & 940s 2. Quarterly P&Ls for 2019, 2020 and 2021 3. Ownership shares & relatives on the payroll 4. Other businesses with overlapping ownership…...

Questions you can ask: ● My business revenue did not go down in 2020 and 2021. Can I still qualify? ● I opened my business during the pandemic, can I still

07/21/2023

Are They Asking You for the Right Documentation to Determine Eligibility? If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for: 1. 941s & 940s 2. Quarterly P&Ls for 2019, 2020 and 2021 3. Ownership shares & relatives on the payroll 4. Other businesses with overlapping ownership…...

Things to consider: ● Is there a phone number to call with questions and updates? ● Does somebody answer or return my call within a reasonable amount of

07/21/2023

Are They Asking You for the Right Documentation to Determine Eligibility? If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for: 1. 941s & 940s 2. Quarterly P&Ls for 2019, 2020 and 2021 3. Ownership shares & relatives on the payroll 4. Other businesses with overlapping ownership…...

Questions to ask: ● How much time will it take for the IRS to pay after they receive my filing? ● Do you have a way of advancing my ERC Refund?

07/21/2023

Are They Asking You for the Right Documentation to Determine Eligibility? If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for: 1. 941s & 940s 2. Quarterly P&Ls for 2019, 2020 and 2021 3. Ownership shares & relatives on the payroll 4. Other businesses with overlapping ownership…...

Questions to ask: ● Will I receive a document explaining which quarters will be filed and why I qualify? ● Will you deliver a report with calculations showing

07/21/2023

Will They Handle Future Inquiries by The IRS? Questions to ask: ● Who handles questions from the IRS if they ask us to explain the details behind the ERC filing? ● Will you defend our case if the IRS rejects or challenges part of our filing? ● Will you bill us for any future communication with the IRS related to our ERC Filing?...

If they’re fully conversant with the details of the ERC law, these are the key documents and details theyshould be asking you for:

07/21/2023

Will a CPA with Experience in ERC Prepare and Sign Your Return? Questions to ask: ● Will my 941x ERC Filing be prepared by a CPA and signed with their PTIN? ● How many ERC filings has he/she done? As there is no requirement for a licensed professional to prepare the 941x (Amended Payroll Tax Return,)how can you be sure a qualified person worked on your filing?...

Questions to ask: ● Who handles questions from the IRS if they ask us to explain the details behind the ERC filing? ● Will you defend our case if the IRS

07/21/2023

Will a CPA with Experience in ERC Prepare and Sign Your Return?

02/06/2023

The 5th round of the Texas Travel Industry Recovery Grant Program is now open for applicants from all eligible NAICS codes. A business can recover up to $20,000 of its lost revenues from 2020 and 2021. Get your application in today.

The 5th round of the Texas Travel Industry Recovery Grant Program is now open for applicants from all eligible NAICS codes. A business can recover up to $20,000 of its lost revenues from 2020 and 2021. Get your application in today. https://gov.texas.gov/business/page/texas-travel-industry-recovery-...