ercspecialists.com Open in urlscan Pro
3.233.126.24  Public Scan

Form analysis
0 forms found in the DOM

Text Content

 * HomeFAQAboutTeamSupportIRS UpdatesBlog
 * Get Started





HELPING YOUR BUSINESS GET UP TO $26K PER EMPLOYEE ON TAX REFUNDS.

We specialize in maximizing ERC funding for small businesses.

How much can I receive?




WE ARE NO LONGER ACCEPTING NEW APPLICATIONS.


ERC SPECIALISTS CLOSELY MONITORS INFORMATION REGARDING THE MORATORIUM THE IRS
IMPOSED ON THE EMPLOYEE RETENTION CREDIT (ERC). ERC SPECIALISTS IS NO LONGER
ACCEPTING NEW APPLICATIONS AS OF JANUARY 17, 2024.  



ALREADY FILED? CHECK THE STATUS OF YOUR APPLICATION HERE.

Learn more


WHAT IS THE EMPLOYEE RETENTION CREDIT?

Watch this video of industry experts to  learn more about ERC and how your
business can benefit.

Read the IRS news release




UNDERSTANDING THE ERC

The Employee Retention Credit or ERC is a generous stimulus program designed to
bolster businesses that were able to retain their employees during the Covid-19
Pandemic by giving them a refundable tax credit check. Some of the benefits from
this program include:

 * Up to $26,000 per employee
 * No limit on funding (ERC is not a loan)
 * Flexible use of funds
 * Available for 2020 & Q1-Q3 2021


AM I ELIGIBLE?

You may be if you were impacted by any of the following:



COVID-RELATED RESTRICTIONS


REDUCTION IN REVENUE


SUPPLY CHAIN DISRUPTORS

Find out if you're eligible
Eligibility Summary


We’re a specialty tax company exclusively dedicated to understanding and
maximizing the Employee Retention Credit (ERC) for businesses affected by COVID
19.

Learn More




WHY GO WITH ERC SPECIALISTS

Getting you the biggest funding check.



ALL WE DO IS ERC

Our team strictly focuses on ERC allowing us to be the experts and resulting in
more funding for your business.


GET THE RETURN YOU DESERVE

We evaluate your claim to ensure we get your credit correct.


HELP EVERY STEP OF THE WAY

All your  questions will be answered with a dedicated team of ERC support
specialists.


FILE LIGHTNING FAST

Our streamlined processes allow for faster results, which means you get your
check faster.

Let's get started


THE NUMBERS SPEAK FOR THEMSELVES


50K+



Businesses Reached


600K+



Employees Found Eligible


SUCCESS STORIES

Helping you get as much as you deserve

Home Health Care
Escondido, CA
$285,000
ERC Funds Received
Reason
Q2-Q4 2020, Q1-Q3 2021
Construction Company
Vernon, NJ
$890,000
ERC Funds Received
Reason
Eligible for Q2-Q4 2020
Church
Davenport, IA
$190,000
ERC Funds Received
Reason
Eligible for Q2-Q4 2020, Q1-Q3 2021
Auto Repair Shop
Buffalo, NY
$43,000
ERC Funds Received
Reason
Experienced supply chain disruption in 2021.
Restaurant
Atlanta, GA
$72,000
ERC Funds Received
Reason
Eligible for Q2-Q4 2020, Q1-Q3 2021






WHAT OUR CLIENTS ARE SAYING


Am I eligible?


FREQUENTLY ASKED QUESTIONS


Learn more


FREQUENTLY ASKED QUESTIONS

Do I have to repay the ERC credit?
No. This is not a loan. It's a refundable tax credit. When we file your ERC
claim we request a refund check for you.
How much do you charge?
Our service charge is based on a percentage of the credit recovered. We
calculate and provide our fee with our free analysis. Since we are typically
able to recover 10-20% more than someone less familiar with the program, our fee
is very affordable. Just like a good CPA, using the right team for this process
pays for itself.
Can I just have my CPA file? Why should I use ERC Specialists?
Of course. The challenge is the ERC credit is taken on your payroll returns and
not through your business income tax returns, which is what most CPA's handle.
Because of this most CPA's don't process this credit, unless they process your
payroll in house. This is also a big reason why this credit is so underutilized.
Since CPA's don't typically handle it and they are the tax experts, it has
mostly fallen in a middle ground where few are able to effectively process the
credit. Interestingly, we receive a large portion of our clients from CPA's.
‍
At ERC Specialists we have decades of payroll experience, which has allowed us
to specifically focus to understanding and maximizing the ERC program. In our
experience we have found that due to the complexity (the ERC tax code is over
200 pages) and time investment necessary to understand the ERC program, very few
are able to effectively maximize this sizeable credit for your business.
Can I get ERC Funds if I already took the PPP?
Yes. The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted
December 27, 2020, modified the ERC credit rules. One of the modifications
included allowing a company to have a PPP loan and still take advantage of the
ERC credit. However, you can't use the same dollar for dollar funds. We take
this into account when processing your ERC credit.

My revenue went up in 2020, can I still qualify for the ERC program?
Yes! There are two possible qualifications for 2020: revenue reduction, or a
"full or partial shutdown of your business due to COVID-19". Specifically the
IRS describes this as "A government authority required partial or full shutdown
of your business during 2020 or 2021. This includes your operations being
limited by commerce, inability to travel or restrictions of group meetings."
Below are several examples of qualifying events:
‍
Example 1: A restaurant must close or limit its on-site dining. Such as having
to close down every other table, due to COVID-19 restrictions.
‍
Example 2: A business that needs to meet with clients in person and has to
cancel meetings due to COVID-19 restrictions.
‍
Example 3: A business has to reduce their operating hours because COVID-19
restrictions and cleaning requirements.
‍
Example 4: A business had delayed production timelines caused by supply chain
disruptions.
‍
Example 5: A business with a planned event has to cancel that event, or restrict
the amount of people who can attend due to COVID-19 restrictions.

I'm a CPA or a payroll company, can I refer my clients to ERC Specialists?
Yes. We also offer a referral/affiliate program. To learn more contact us.

Will the ERC funds run out?
This is not a lending program - tax refunds are issued by the US Treasury.
Therefore, all eligible employers will receive the funds.

How will I make payment?
We understand your refund check may not arrive for several months (20 weeks
minimum according to IRS documentation), so we offer two payment options - you
may pay your fee upfront at a discount - or - the full fee can be deducted from
your refund once received. Upfront payments can be completed by credit card.
Regardless our fee is covered by our 100% Money Back Guarantee.
If the IRS does not release the credit claimed for any reason, we will refund
any payments made.

I'm getting more in ERC Credit than I paid in taxes?
Remember that this program is taken according to payroll taxes paid, not on
income taxes. ERC funds not applied towards owed payroll taxes are treated as an
'overdeposit' of taxes that will be requested as a refund check from the IRS.

As an owner do my wages, or the wages of any family member I employ qualify?
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.

Can I qualify for the ERC if I'm self employed?
No, if you are majority owner (over 50%) of your company then your wages do not
qualify.

How long does it take to get my ERC Credit?
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.

Is the ERC Credit taxable?
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.

Do I need to file the ERC credits received on my tax returns?
Yes, the ERC funds will need to be reported on your income tax return.


ERC Specialists

560 E. Timpanogos Circle Orem, UT 84097

HomeFAQAboutCareers
SupportShutdown OrdersPrivacy PolicyTerms and Conditions

Copyright © 2024 All rights reserved.
ERC Specialists, LLC does not provide legal or accounting advice. Users of this
site should consult with their lawyer and C.P.A. for legal and  accounting
advice.