09/21/2023
Now more than ever itโs important to have a tax professional file your employee retention credit (ERC) claim. While many misconceptions about the ERC cause business owners to believe they donโt qualify, a tax professional can accurately asses your businessโs eligibility.
Aside from paying W-2 employees anytime during Q2 of 2020 until Q3 of 2021, the three main qualifiers a tax attorney accounts for (from IRS tax code) are:
1. Full/partial suspension of business operations (social distancing, supply chain issues, and shutdown of office or restaurant space are a few examples),
2. Experiencing a decline in revenue in 2020 or 2021, or
3. Were a recovery startup business (Started your small business operation during the pandemic).
Along with these three are many rules which our tax attorneys consider when working on a claim. If your business meets one or more of those qualifiers - or arenโt sure but still want us to check your eligibility - click the link to speak with our tax attorneys without any upfront costs: https://www.ercmaxcredit.com/
