The best way to claim the credit is to work with GetMyFunds Funding Specialists and CPAs who know how to handle the complexities and your unique situation. Our team has expertise in ERC and can help you through the maze.
To claim an ERC, you’ll need to file an Adjusted Employer’s Quarterly Federal Tax Return using IRS Form 941-X. Eligible businesses can report their qualified wages retroactively for each quarter on their federal employment tax returns. Make sure to report your total qualified wages and health insurance-related costs as well.
You could retain the ERC amount you would have deposited to your employment tax and receive that as a credit. If you’ve already applied for an employment tax credit, you can file an IRS Form 941-X, letting you amend your previously submitted IRS Form 941.
The eligibility requirements for ERC are buried under mountains of rules and regulations. One wrong step can delay or deny your application, leaving money on the table. Our employee retention credit service cuts through the noise and barriers. We do the heavy lifting for you.
Our Funding Specialists and Dark Horse tax experts will view your documents line-by-line to ensure we maximize your ERC returns. Our CPA partners (Dark Horse CPAs) are experienced in ERC filings and how to properly optimize your potential refund.
You can get an ERC estimate at no cost. Contact us today.
You can receive up to $26,000 per W2 employee based on eligibility criteria and wage calculations during 2020 and 2021.
Unsure if your company qualifies for an ERC? Almost all with W2 employees during 2020 and 2021 are entitled.
The best way to claim the credit is to work with GetMyFunds Funding Specialists and CPAs who know how to handle the complexities and your unique situation.
The Employee Retention Credit (ERC) allows businesses to receive a refundable tax credit for retaining employees during the COVID-19 pandemic. Since this is not a loan or lending program, employers do not have to pay it back.
The qualified wages, as defined by the IRS, are those that were paid to employees after March 12, 2020, and before January 1, 2022.
The first one is April 15, 2024, which is the last date you can apply for all quarters in 2020. The second is April 15, 2025, which is the deadline for all quarters in 2021.
Your company can still qualify for ERC if you have qualifying earnings that were not included as payroll expenditures when you applied for PPP.
Once you have gone through the process and we have filed your ERC claim, you should receive a refund check from the U.S. Treasury within approximately four to six months.
No. ERC is not a loan, it’s a refundable tax credit that you get to keep.
Most business owners likely can’t include their wages for the ERC. Family members’ wages are generally excluded as well.
We are now accepting introductions to business that may qualify for ERC. We do the heavy lifting, and you collect a referral fee. Our average ERC funding per company is $300,000, and your average referral fee per client is $4,500. Several of our referral partners will earn over six figures.
Referral ProgramThere’s no commitment, pressure, or obligation.