Important Update on ERC Refunds
To Our Valued Clients!
We want to provide you with an important update regarding ERC (Employee Retention Credit) refunds, considering the current situation with IRS processing.
As you may be aware, the IRS has placed a moratorium on the processing of ERC claims, which has resulted in significant delays. At this point, it may take over 8 months to receive your ERC refund due to increased scrutiny by the IRS to prevent fraud and ensure the validity of claims.
The IRS has extended their processing time from the standard 90 days to a more cautious 180 days, and some claims may experience even longer delays.
Despite these challenges, we want to reassure you that our team is actively following up with the IRS and sending out communications to facilitate the progress of your ERC applications.
For those of you who are still in the process with the IRS and have not yet signed up for your third-party eligibility interview, we encourage you to do so to take advantage of one of the extra services ERC Applications provides to all clients as another layer of “Peace Of Mind”
We appreciate your patience and understanding during this time. Should you have any questions or require assistance, please do not hesitate to reach out to us.
Welcome to ERC Applications - Your Trusted Partner in Maximizing Employee Retention Credits
Are you a business that kept employees on payroll during the pandemic? If so, you could be eligible for the Employee Retention Credit (ERC), a payroll tax refund initiative by the United States Treasury Department. ERC Applications is here to help you navigate this process and ensure you receive the maximum refund possible.
The ERC program offers a refund of up to $5,000 per employee for the entirety of 2020 and up to $7,000 per employee for each quarter of 2021. This could result in a total refund of up to $26,000 per employee retained on your payroll.
IT'S YOUR MONEY!
GET YOUR ERC CREDIT STARTED TODAY.
What is the Employee Retention Credit?
The Employee Retention Credit (ERC) is a payroll tax refund from the United States Treasury Department for businesses who kept employees on payroll during the pandemic.
Eligible businesses can receive a refund of up to $5,000 per employee for all of 2020 and up to $7,000 per employee kept on the payroll for each quarter for Q1 through Q3 of 2021. That’s a total refund of up to $26,000 per employee kept on your payroll.
With us, you're not just prepared,
you're protected.
Our tailored ERC Eligibility Report, distinct from generic "COVID Impact Statements," navigates the ERTC program's increasing scrutiny. Created through our 3-step process, it spotlights business disruption's role in losses. Examining shutdowns, suspensions, and KPIs, it highlights pandemic impacts, considering state laws. Personalized reports and state law insights ensure preparation and protection.
Customized ERC Eligibility Report for pandemic-driven challenges and confident ERTC claims.
- Business-specific ERC Eligibility Report
- Crafted using our 3-step process
- Focus on business disruption's impact on losses
- Analyzes shutdowns, suspensions, and KPIs
- Personalized reports and state law support
Why Choose ERC Applications?
- Our exclusive focus on ERC sets us apart, unlike traditional accounting firms.
- Our primary aim is to achieve the highest possible financial outcomes for your business.
- We have a proven track record managing regulatory challenges in various sectors.
- Claiming your credit is simple: consult, provide documentation, receive up to $26,000 per employee.
- Our dedicated team ensures fast and accurate processing of your ERC application.
- With decades of experience, we adeptly navigate complex regulatory landscapes.
- Enjoy unlimited support for a smooth and manageable application process.
- Our experienced leadership excels in public market audits and addresses IRS inquiries effectively.
TOTAL US BUSINESSES OUR TEAM HAS
SUCCESSFULLY PROCESSEd
IRS SUBMISSIONS
1
CLIENT REFUNDS
$
1
IRS FILE ACCURACY
1
%
Understanding ERC Qualifications
While the general qualifications for the ERC program may seem straightforward, their interpretation can be complex. Our extensive experience allows us to maximize any qualifications that may apply to your company.
Full or Partial Suspension of Business Operations: If a government authority required a partial or full shutdown of your business during 2020 or 2021, you could be eligible. This includes limitations on your operations due to commerce restrictions, inability to travel, or restrictions on group meetings.
Gross Receipts Reduction: The criteria for gross receipt reduction are different for 2020 and 2021 but are measured against the current quarter compared to pre-COVID amounts in 2019.
"The ERC has been a godsend for a great many small businesses that would not have survived, or even now be surviving without it"
"Small and midsize businesses can get cash directly from the federal government through the Employee Retention Credit (ERC)"
Trust Our Team for Swift and Precise Analysis and Submission of Your ERC to the IRS
ERC-Centric Approach
We focus solely on ERC, setting us apart from traditional accounting firms. We are committed to processing your ERC swiftly and accurately, as it's our primary area of expertise
Maximizing Your Financial Benefit
Our thorough approach ensures that no opportunity is missed in securing your business's highest possible financial return.
Proven Results
Our team, backed by decades of finance experience, is adept at navigating bureaucratic complexities to deliver tangible results.
Extensive Audit Experience
Our company’s leadership boasts years of experience in public market audits and is well-equipped to handle any inquiries from the IRS.
Broad Financial Expertise
Over the past several decades, we have gained extensive experience in both the public and private sectors, adeptly managing a range of regulatory issues.
Unwavering Support
We are dedicated to making the process as smooth and manageable as possible for you. Should you have any questions, we are always ready and willing to provide answers.
Trust ERC Applications - We're here to ensure you get the credit you deserve.
Claiming Your ERC is a Breeze with Us
Follow these three straightforward steps to claim your credit:
Step 1
Book your FREE , no obligation consultation with us today.
Step 2
Submit the necessary documentation to our team of tax experts for the preparation of your ERC claim.
Step 3
Await the arrival of your U.S. Treasury Check , with a potential value of up to $26,000 per employee. The refund is yours to utilize as you see fit.
With ERC Applications, our priority is simplifying the process of claiming your ERC.
Understanding ERC Credit: Frequently Asked Questions
No, the ERC Credit is not a loan but a refundable tax credit. When we file your ERC claim, our team requests a refund check on your behalf.
Yes, modifications to the ERC credit rules under the Taxpayer Certainty and Disaster Tax Relief Act of 2020 allow companies with a PPP loan to also benefit from the ERC credit. Our team takes this into account when processing your ERC claim.
While your CPA can file for the ERC Credit, it’s important to note that it is claimed on your payroll returns, not your business income tax returns. At ERC Applications, our experienced team specializes in processing and maximizing the ERC program.
Our fees range from 7% to 15% and are contingency-based. Our experienced team aims to recover 10-20% more than those with less experience.
No, the ERC is not a lending program. All eligible employers will receive funds as tax refunds issued by the U.S. Treasury.
Yes, businesses that do not meet the revenue reduction qualification can still qualify under the “full or partial shutdown of your business due to COVID-19” criterion defined by the IRS.
We understand that your refund check may take 4 to 6 months to arrive, so the contingency fee can be deducted from your refund once your business has received it.
Yes, the ERC program is based on payroll taxes paid, not income taxes.
Wages of majority owners (over 50% ownership) and their immediate family members do not qualify. However, if an owner has less than 50% ownership, their wages and the wages of their immediate family members qualify.
Yes, we welcome referrals from financial professionals.
No, if you are a majority owner (over 50%) of your company, your wages do not qualify.
The IRS estimates a timeframe of 4 to 6 months to receive the ERC. ERC Applications offers a revolving credit facility of up to $1,000,000 to clients who need immediate resources.
The ERC Credit is not considered income for federal income tax purposes. However, you will need to reduce any deductible wage expenses by the amount of the credit. Please provide this information to your CPA for tax purposes.
Learn About Our Company's Vision
Our leadership team shares similar backgrounds in business management, lending and finance, with our combined experience amounting to decades of expertise. Our emphasis was on building a team that possesses a blend of exceptional technical expertise, effective communication skills, and a strong work ethic. We take our responsibility seriously and are committed to delivering results that not only meet but exceed the standards we have established. Our extensive expertise enables us to do precisely that.
We recognized the lack of quality in ERTC service providers in the market and set out to create a platform that would set us apart from the rest. Our primary focus is to educate business owners about their entitlement to ERTC, regardless of their profitability during the COVID era.
We work closely with our clients to simplify the complex process of ERTC and ensure they fully understand the qualifications and eligibility criteria.
Through analyzing our competitors, we pinpointed shortcomings in their approach. We aimed to create a superior solution by addressing these issues and doing so without imposing excessive charges on the business owner. To achieve this, we established a robust infrastructure supported by technology, well-defined processes, clear communication channels, clear expectations, high levels of integrity, and exceptional performance of the ERTC process.
Like any company, we aim to grow our revenue. However, our priority always lies in serving our clients and partners first. We measure our performance through innovative software that tracks and communicates with our partners and clients, complemented by an in-depth analysis from our back-office staff to maximize our business owners' returns. Though revenue growth is important, our focus remains on meeting the needs of our clients and partners.
This is just a glimpse of who we are and why we are better. We understand the significance of maintaining relationships beyond the ERTC returns, and we are committed to doing so.
We would be honored to have you onboard with us at ERC Applications, where we strive to simplify the process.
Mission Statement:
Our mission is to simplify the process of claiming Employee Retention Tax Credits (ERTC) for business owners, while providing exceptional customer service and maximizing their refunds. We strive to educate our clients on ERTC qualifications, streamline the application process, and leverage our extensive expertise to ensure that our clients receive the highest possible refund. Our innovative software, dedicated team, and commitment to our clients and partners make ERC Applications the preferred choice for businesses and strategic partners seeking a reliable, efficient, and cost-effective solution for their ERTC needs.
