Helping companies get their money back
Anthony Smith ~ 972-849-9500 ~ ERCRx.com
There have been changes to the Employee Retention Credit (ERC) program which is part of the $2.1 trillion CARES Act 2020 & subsequent Consolidated Appropriations Act 2021, meaning: many businesses and ERC processing companies even CPA’s are failing with ERC. Your situation is unique, I can help you succeed with ERC by finding the right ERC processor for you.
As an Employee Retention Credit (ERC) Consultant I work with the two best companies specializing in ERC processing. Both have the highest return per employee ($20K+ vs the national average of below $10K) both offer unique advantages other companies do not, each has their own requirements.
With all the changes to the ERC - many businesses that did not qualify, now do and either of these companies will maximize your return. If you are a non-profit, ministry organization or church, as an employer you still pay employment taxes and can qualify for the ERC tax refund.
How quickly do you want YOUR money?
Watch this 1 min. Intro/overview:
The Employee Retention Credit - ERC
Part of the $2.1 Trillion CARES Act
The Employee Retention (Tax) Credit (ERC) program is part of the $2.1 trillion CARES Act 2020 & subsequent Consolidated Appropriations Act 2021. The federal government established the ERC as a refundable employment tax credit to help businesses with the cost of keeping staff employed.
Many employers and even CPA’s are not aware of the changes to the ERC regulations, that companies that did not qualify previously, now do.
With new legislation qualifying companies (& non-profits) with 1 - 499* full time (+130hrs/month) W2 employees can receive UP TO a $26,000 per employee tax credit/refund, even if they have received PPP.
The problem
The extremely complex, convoluted and ever changing ERC regulations with 5,000+ pages of regulations to keep up with, has resulted in 90% of entitled businesses being unaware they can now claim AND those that do (with inexperienced/opportunistic ERC processors) receive a national average of only $5K to $10K of the possible $26K per W2 employee. Plus many of these processors have a high rejection rate because they don’t do it right..
Why not get better results with a financial specialist company with CPA’s who are experienced experts in ERC?
The Solution
Who can best help you with your ERC claim?
Your first thought probably is to have your CPA file. Why haven’t they filed for you already? Maybe they told you you don’t qualify (which may have been the case BUT with the changes you could qualify now). Ask if they have filed ERC for others and if so what was their average return per employee. If they haven’t filed before, ask how familiar they are with the 5,000+ pages of regulations.
You trust your GP for your general health - but you wouldn’t let him/her do brain surgery on you if you needed it. You would do the medically expedient thing and go to a specialist. ERC is financial brain surgery. For best results, do the financially expedient thing and use a specialist.
We used to work exclusively with Jorns & Associates because they are the largest, most experienced company specializing in ERC, historically getting better results than any other company we were aware of. However, they only work with companies with over 10 employees and they charge an up front (refundable) processing fee of $2,600 (which some business didn’t like). They also take several months to process the paperwork before filing with the IRS. That said, Jorns is still one of the best.
Recently we heard about Capital Tree. They are a smaller company (20+ CPA’s) but are getting similar results, $20k+/W2 as Jorns. To compete with the “Big Guy” they do NOT charge an up front processing fee, guarantee filing with the IRS within two weeks and will work with companies with as few as ONE employee. Very few ERC processing companies want to work with the “Small Guys”. With Capital Tree we can now help many of the smaller companies that we could not before AND offer access to up to 70% of the ERC refund (in approx. 4 week) to both large and small companies.
Capital Tree also has a relationship with a private bank that will loan (to qualified companies) up to 70% of their expected refund credit at 1% - 2%. If you qualify, you no longer have to wait 5 - 7 months +/- for your refund, you could have access to up to 70% of it in approximately 2 weeks of your IRS filing. You receive the remaining 30% when the IRS sends you your refund. Both Jorns and Capital Tree collect their 20% fee after you receive your money. (Some other ERC processing companies charge 25% and still have a 5 - 7 month turn-a-round).
Capital Tree is a Financial and ERC specialist company and knows how to navigate through the “minefield” of the CARES Act and specifically the ERC regulations. Their results speak for themselves:
- No up front filing fee
- $20k+ average per W2 employee
- 97%+ acceptance
- No complaints
- Works with companies with as few as ONE W2 employee
- 2 week guarantee to file
- Offers private bank (1%-2%) loan to qualified companies of up to 70% of Tax refund in approx. 2 weeks of IRS filing.
- Have processed $200,000,000 in refunds
- Helped 500+ companies
- Guaranteed Accuracy - CPA provide each client with a Million Dollar Errors & Omissions policy
- A CPA handles each and every case with full 5 year audit support
Jorns & Associates is one of the largest ERC specialist companies. They have proprietary software to help navigate the ERC regulations and maximize your return.
- $2,600 up front (refundable) filing fee
- $20k+ average per W2 employee
- 97%+ acceptance
- No complaints
- Works with larger 10 - 499 W2 employee companies
- Have processed over $2 Billion in refunds
- Helped 7,000+ companies.
- Guaranteed Accuracy - CPA provide each client with a Million Dollar Errors & Omissions policy
- A CPA handles each and every case with full 5 year audit support
It is your choice:
If you want to work with probably the largest and most experienced ERC processor, don’t mind the $2,600 (refundable) filing fee and waiting 5 - 7 months for your refund, had at least 10 (less than 499) W2 employees in 2019 - Jorns is for you.
If you are ok working with a smaller but still very experienced company, not pay an up front filing fee, would like the assurance of your paperwork filed in 2 weeks (your money in 3 - 5 months) and possibly up to 70% of your ERC refund in 4 weeks - Capital Tree is for you.
If you had less than 10 W2 employees you will have to use Capital Tree.