ERTC Gov Is Helping Small Business Owners Get the Maximum ERTC Tax Credit

ERTC Gov is helping US employers claim and maximize ERTC credits. The company is urging small business owners across the country to answer a few simple non-invasive questions and find out whether they qualify for a no-strings-attached ERTC tax credit.

Established as a part of the CARES (Coronavirus Aid, Relief, and Economic Security) Act, the ERTC gives business owners a tax credit based on qualified employee wages and health plan expenses paid after March 12, 2020, and before October 1, 2021. The ERTC was calculated differently until 2021 when it was increased to $7000 per employee per quarter for Q1, Q2, and Q3. Business owners can potentially claim up to $26,000 per employee in total between 2020 and 2021. Even startup businesses that began operations after February 15, 2020, can qualify for a credit of up to $50,000 in both the third and fourth quarters of 2021 for a maximum credit of $100,000.

The ERTC is not a loan. No repayment is required and there are no restrictions on what recipients use the funds for. It is not even, in the strictest sense of the term, a tax credit. Unlike a tax credit, which taxpayers can subtract from the amount of taxes they owe, ERTC applicants who qualify receive their refund in the form of a check. The misleading name is one of the reasons why the government forecasts that billions of dollars, out of the total allocated for the ERTC, will go unclaimed. Moreover, according to the modifications introduced by the American Rescue Plan Act of 2021, employers who have already applied for and received PPP (Payroll Protection Program) funds can also apply for and claim ERTC tax credits.

The spokesperson for ERTC Gov, Mark Sullivan talks about the precautions that small business owners need to take by saying, “Since the ERTC was an opportunity worth billions of dollars, many fly-by-night firms popped up over the last year and started marketing their services. Even if some of these unscrupulous firms are not acting in bad faith, chances are they are not experienced or competent enough to serve you. In fact, in a press release published on October 19, 2022, the IRS warned employers to “be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. Some third parties are taking improper positions related to taxpayer eligibility for and computation of the credit.” So, while you may qualify for all the terms of the ERTC, trusting your business’s future in the hands of an inexperienced ERTC firm is something you need to be wary of.”

ERTC Gov is the only ERTC firm in the country that verifies its clients’ claims by three independent CPAs (Certified Public Accountants). The professionals are vetted according to ERTC Gov’s stringent standards to ensure accurate claims that are maximized. No minor detail is overlooked as every member of the team of CPAs inspects each other’s work thoroughly. The company has served more than 11,500 clients as of January 2023, with one client with over 220 employees receiving tax credits of $1.2 million. Many more examples are available for potential customers to browse through on its website.

ERTC Gov charges no upfront fees as they are 100% contingent on its clients’ refunds. The company offers audit support for its work which most other ERTC firms can’t do. Since they cannot provide an audit defense, most firms make their clients sign an attestation of the claim amount, while ERTC Gov’s CPAs sign off on it.

It also offers the Rapid Rebate™ service to qualifying customers where rebates can be received in as little as 6 weeks. To show its dedication to helping small business owners across America benefit from the ERTC credit, the company does not offer other financial services such as preparing income taxes, compiling financial statements, or providing attestation services. All the efforts of its team of specialized tax professionals are solely focused on maximizing the ERTC tax credit 2021 for its customers.