Probably not and the reason is, it is not advertised by the government but there is over 2.1 trillions dollar allocated and sitting in the US Treasury for businesses with W2 employees who felt a disruption in their business during 2020 and 2021 COVID-19 pandemic.
This is a full refundable relief program created in the March 2020 Cares Act and additional information can be found directly on the IRS.gov website.
Most CPA’s will not want to file for ERC because of the complexity of the amended application. Here is where we come in. We are experts in the field. Our highly seasoned team make this application process stress free and painless for businesses!
So do not hesitate. Speak to one of our specialists today and find out if you qualify for ERC. Let’s Get ERC Credits today!
Let’s Get Your ERC Credits! We are an agency of experts that help business owners claim their Employee Retention Tax Credit with the IRS.
There are several misconceptions about the ERC.
Many owners do not think they’ll qualify because they did not have a revenue decline, or maybe their revenue increased during the pandemic.
Maybe they didn’t experience any shutdowns or they receive PPP loans and those loans were forgiven.
While these are factors in the process, they certainly do not disqualify your business from receiving the ERC funds.
Helped us file for our Employee Retention Tax Credits. The service was great. The knowledge their tax attorneys and CPAs had was extensive. They knew everything about the program and walked us through the filing process from start to finish! I Highly Recommend Jorns & Associates if you are looking at filing for the ERC
Professional, fast, and thorough. Talked to a couple other ERC companies prior, and then Jorns and I quickly realized that these guys are the real deal. Another company even said I won’t qualify after one question about my revenue – what a joke. My accountant also told me I don’t qualify, and I’m so happy I ignored him. Jorns qualified me for far more than I ever expect because they’re pros who actually do the work! Thank you for all your hard work!
This company is awesome. They are professional people and get the job done. I loved working with all the people in their company especially Mike Hall. He is awesome. He guided us through ERTC tax credits laws and help us get the money from the govt due to covid. I recommend this company to everyone one. Also shout out to Brenna shields for handling all the paperwork.
Even if they got a PPP or PPP-2 loan, 98% of our clients are eligible for an ERC check. The Consolidated Appropriations Act of 2021, recent stimulus legislation, eliminated the CARES Act's initial ban on having an ERC and a PPP loan retroactive to March 13, 2020. Your company is eligible for a PPP loan and an ERC refund, but specific computations regarding payroll wages and attribution are necessary. We advise using our professional services to ensure you qualify for the most significant benefit for your business since the ERC procedure can be complicated and comes with over 1,000 pages of instructions.
Yes, there are numerous methods for businesses to entirely or partly halt operations during each calendar quarter. As part of our engagement, we assist you in adequately documenting these partial halts. This covers, among other things, indoor dining capacity limitations, postponed trade shows and group gatherings, and other non-nominal interruptions.
Your company probably qualifies if it had to alter its operations due to governmental directives or if gross revenues fell by 20%. A shift in operations could entail additional cleaning or sanitizing, reducing capacity or hours, installing/using protective equipment, temperature checks, or operational effects relating to important suppliers or clients.
Even if a legal firm was still in business, cases might have been delayed if it could no longer conduct in-person depositions or court proceedings.
A partial suspension of operations can take many forms. Below are some of the common examples:
There are many more ways due to which businesses fully or partially suspend their operations during each calendar quarter. We help you with all the documentation.