Before getting to know how to choose the right ERC specialist, let’s know about ERC. What is ERC? ERC or Employee Retention Credit is a financial relief given to employers to encourage them to keep their employees on the payroll. It was designated under the CARES act, and it allows employers to get a refundable tax credit. The 2020 ERC program allows employers to get a tax credit of up to 50% of up to $10000, and the 2021 ERC program allows up to 70% of $10000. There are many ERC specialists who can help you to gain maximum benefit from the ERC program, but you must keep some things in mind while choosing the right one. Reach out to a good ERC program to Qualify for all six quarters of ERC.
Here are some things you should keep in mind while choosing an ERC specialist.
You must hire an ERC specialist who is professional in his work. Hire an ERC specialist of a company who has been in this field for many years and has highly qualified experts in their team. To get the maximum benefit out of ERC, you must have knowledge of all laws of ERC. Hire someone who not only has complete knowledge of every law regarding ERC but also is very confident in his work.
Hire an ERC specialist who is known for producing effective results in a very short time. Ask for reviews from your friends or employers of other companies about the ERC specialist to know more about his work. Do not go for an ERC specialist who likes to give you the runaround. Hire someone who gives you maximum benefits without any hassle.
The more the ERC, the more you can invest in your business. See the past records of the ERC firm or specialist. Check whether the ERC specialist has helped other businesses to gain the maximum funding. Select the ERC specialist who can guarantee you the most funding from ERC and can help you to qualify for all six quarters of the ERC.
Before hiring an ERC specialist, ask for their fees. Most ERC specialists give you an upfront fee. If the fee is reasonable, hire the ERC specialist. Ask the specialist for an estimated fee so that you don’t have to pay any extra money afterward.
These are some things you must check before hiring an ERC specialist.