ERC Pros
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
as a business owner. The lingering effects of the covid pandemic and governmental restrictions may have impacted your business through emergency government orders, businesses were forced to restrict or completely shut down during the pandemic in order to try to keep the economy stable. The government has released several programs aimed at supporting the businesses impacted by the pandemic. A program introduced in March of 2020 was the employee retention credit or E. R. C. It was designed to reward and bolster those businesses that were able to retain W. Two employees for March 2022 october 2021. If your business qualifies, the E. R. C. Program allows for up to $26,000 per employee. This means a company with 10 employees can receive a tax return for as much as two hund and $60,000. It's important to note this program is not alone and has not yet expired. Although this program was approved at the same time as the P. P. P. Loan, it has been poorly utilized. This is because originally the E. R. C. Provided much less funding and restricted qualification to just a few businesses. The er see legislation has had several changes with the most recent amendment being signed into law november 2021 E. R. C. Has been expanded enriched and the rules for qualification have been significantly eased at er See pros we have been guiding small businesses through this program since its inception we have an experienced team of tax attorney cps and accountants that help businesses and cps navigate the more than 200 pages of I. R. S. Documents to ensure they maximize the value of this credit to their business. We researched government orders from every state county, city and U. S. Territory to provide documentation and substantiation for each business that qualifies. We know you probably have questions. So let's address a few of the top questions. We receive one. How do I know if I qualify? Qualification is based on business operations that have been impacted by government actions taken to stop the spread of covid 19 or significant decline in revenue. The most common qualifier being governmental orders that affect the business operations or supply chains by more than 10%. According to the U. S. Census Bureau. The majority of businesses in sectors such as manufacturing, food and beverage sales, construction, retail and private education had these issues and that these disruptions were significant and widespread across many other sectors don't requalify yourself. We don't charge anything unless we find credits for you. E. R. C. Prose has discovered hundreds of millions of dollars for small businesses and will provide you a report whether you do or do not qualify. If we determine you do qualify. We will provide a full substantiation report proving to the I. R. S. Why you receive this refund to shouldn't. My C. P. A. File. This for me it's possible. We usually suspect that if your current account knew you were qualified for thousands of dollars. They would have told you about it already. Most of our business comes from cps who refer to our expertise on the program. E. R. C. Is a one time credit in an area. Most cps don't have time to fully explore because of this. We do a better job than the average C. P. A. There is substantial funding available and the laws are complex. We don't believe using your business to learn about this. Credit is the best idea. We evaluate each company using I. R. S. Guidelines to maximize this credit to provide a full qualification report three. My C. P. A. Said I didn't qualify. This is a common response for many people who are actually eligible which is why we evaluate businesses for free. It is possible your current account either miss do legislation didn't perform the necessary hours of governmental order research for your business. Doesn't fully understand all the qualifiers or they aren't correct and you don't qualify. It doesn't hurt to take another look if your business doesn't qualify you won't be charged anything for what if I get audited. We plan on the I. R. S. Looking into almost every E. R. C. Filing which is why we do all of the legwork upfront to substantiate every return upfront aligned with the I. R. S. Guidelines with our audit ready, deliverable. We provide the proof before we file so you won't need to worry about it later. We will work hard for you. If you have more questions please visit our website www dot E. R. C. Pros dot com To learn more to get started. Step one request a no cost assessment. You'll submit an application and fill out our business questionnaire. If you don't have access to the application email K A R T H U R at E R C. Pros dot com. Our Cps will perform a full E. R. C. Analysis for your business. You will have 100% visibility on your credit and direct communication with our C. P. A. S. Step to customer portal and uploading documents. After you submit an application, you'll receive an email giving you access to the customer portal in your portal. We will request the necessary documents and communicate anything we may need along the way. Step three cancel and governmental orders. Our team will go to work to find potential qualifiers and perform calculations to determine your max allowable refund. Each business flows through three levels of accounting and reaches our tax attorneys for final approval or disqualification. Step four substantiation, signing the contract in filing with the I. R. S. Audit ready. Deliverable is complete. You will review the research and documentation gathered by our team and signed the contract, giving us permission to file on your behalf. Step five I. R. S. Processing. Wait for the I. R. S. To issue your refund, checks the weight is typically around 4 to 8 months. When you receive your refund, you'll pay your invoice from er see pros and can use the money as you see fit. Unlike the P. P. P. Loans, these funds don't need to be repaid and can be used for anything we look forward to helping you.