Is The ERC A Scam? Too Good To Be True?

>> Find Out If You Qualify For The ERC Here <<

What Is The ERC Tax Credit?

Employers can claim a refundable tax credit called the Employee Retention Credit (ERC) against certain employment taxes during the COVID-19 pandemic. It’s not a loan and doesn’t need to be paid back. The ERC was created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 so businesses can be encouraged to keep their employees on payroll even if they are experiencing financial hardship due to the pandemic. You can receive up to $26,000 per eligible W-2 employee for the following periods:

  • 2020: March 12, 2020, to December 31, 2020
  • 2021: January 1, 2021, to December 31, 2021

– You had to have at least one eligible W-2 employee. Not including yourself or family.

Eligibility (updated)

You can now claim the ERC even if you received a PPP loan. Whereas before December of 2020, you could only claim either or. You can also claim the ERC even if you didn’t have a reduction in revenue due to the COVID-19 pandemic. To be eligible, businesses must have paid qualified wages to employees after March 12, 2020, and before January 1, 2023 as the IRS is only taking year 2020 and 2021 into account regarding the ERC. Only one of these have to apply to you in order to receive the funds for your business:

  • Social distancing requirements that reduced capacity
  • Reduction of hours of operation
  • Supply chain disruptions
  • Suspended on-site work or client meetings
  • Distribution delays or suspensions

>> See If You Qualify For The ERC Tax Credit Here <<

Too Good To Be True? Scam?

I can understand why some would assume this is a scam. I myself never like to answer unsolicited calls, etc. This is a legit fund of 250 billion dollars back by the government. However, There are scammers out there giving false information regarding the ERC and trying to benefit off of it and just take advantage to capitalize off of this rare occasion. I’d advice you to do additional research to stay aware and educated on potential ERC scams.

However, I would never utilize my time by writing an article related to fraudulent activity. I am just an average person, affected by the pandemic as well, on a mission to help small businesses get the funds they deserve for their hard work and dedication to serving communities. Also, we are not the IRS, but we work with the IRS. CPA’s and tax professionals have certain fundamentals they studied on. With us, we have ERC experts that focus just on this. Therefore, we can provide you the most detailed information regarding the ERC. Everyone plays a part.

Some companies charge an up front fee before you even see any funds. They will refund you if for some reason you do not receive the funds though of course. However, with us, we do not get paid until you get paid. That is what separates us.

>> See If You Qualify For The ERC Here <<

My Thoughts

Though there are scammers out there, the ERC itself is not a scam and I would highly recommend businesses take action and claim their refund before the cut off. I would also advice you to visit the IRS website to educate yourself and take precautions on how to prevent being scammed regarding the ERC. I believe small businesses are the backbone of the U.S. and deserve this refund put in place to encourage businesses to keep their employees on payroll. Their hard work and dedication to their communities day in and day out are essential to a healthy economy. With the pandemic causing so much unexpected shifts, small businesses still remain and I believe this program is an excellent way to commend businesses that made it through the pandemic.

Once you’re qualified, filed to the IRS, and receive your funds via check, we will be one small business closer to achieving our goal to helping as many as possible before the deadline in 2025, which is a little under two years from now. This is a legit government funded credit that doesn’t have to be paid back. The ERC is not taxable income. However, it does reduce the amount of wages that a business can deduct from its taxable income. This is because the ERC is considered to be a “tax benefit” under Internal Revenue Code (IRC) Section 280C.

I decided to take part in this rare occasion, because I am passionate about helping others. We can help make the process simple and smooth for you. You do not have to worry about going to a CPA or tax professional. Our focus is on the ERC, so we have a proven record with testimonials of business owners that have already received their checks and tell how much it has impacted them. You do not want to miss out on this opportunity as it will end in 2025. I highly encourage businesses that qualify, to take part in this refundable tax credit to any business that qualifies. Time is running thin, but we still have so much to accomplish with small businesses all over the U.S. Consider claiming your ERC Tax Credit.

>> Get Started In Helping Your Business Get Back On Track With The ERC Tax Credit <<

The Numbers Speak for Themselves

50K+

Businesses Reached

600K+

Employees Found Eligible

Here are some additional resources about the ERC tax credit:

For more information please email us at: sbmessentials@gmail.com