ERC

If your business experienced setbacks during the pandemic while continuing to retain W2 employees, then you may qualify for the Employee Retention Credit (ERC). Originating from the CARES Act, the ERC is a fully refundable payroll tax credit created to provide financial relief for American businesses impacted by the pandemic. An incentive to preserve jobs, the ERC offsets the quarterly employment taxes businesses are required to pay.

You may be eligible to receive an ERC check from the IRS if you are an employer who suffered losses and faced restrictions, especially if these events occurred between Q4 2020 and Q3 2021. Your business may meet the requirements for this tax incentive if it experienced shutdowns, revenue decline, or forced suspension of operations. If you are deemed eligible for the ERC, our firm will file the appropriate amended quarterly payroll tax returns on your behalf to claim your funds.

Contact Phillips Law Group today and find out if you qualify for the ERC tax refund. Our experienced and knowledgeable legal professionals are ready to help you claim the tax incentives your business is entitled to. As always, there are no upfront fees. You only pay us if we win an ERC recovery check on your behalf.