1- QUARTERLY FEDERAL TAX FROM 941 FOR 2019, 2020, & 2021

3- PPP(s) FUNDING DATE(s), FUNDED AMOUNT(s), & FORGIVEN AMOUNT(s)

4- EMAIL YOUR DATA TO INFO@ERCGEEKS.COM

Send us your email we will email you the list of documents required to enter all data. We will need the following first

THE NUMBERS SPEAKS FOR THEMSELVES:

We have made quality our habit.
It’s not something that we just strive for – we live by this principle every day.

For more information, see our frequently asked questions section below

QUALIFY & GET UP TO YOUR $26,000

If you have More Than 4 W2 Employees &
Are Ready to get your money back, Fill Out the form below &
we will call you from (818) 884-1560 within the next 48 hours

Frequently Asked Questions

What is ERC?

The Employee Retention Credit (ERC) is a refundable payroll tax credit, up to $33,000 per employee,
available through the CARES Act to businesses impacted by COVID-19..

How do I qualify?

Many CPA's tell their client they do not qualify for the ERC program.
We spent a lot of time understanding the qualifications criteria and many of these CPA's were wrong!
There are many criteria that are specified in a document of more than 200 pages from the IRS that over the past year already got many amendments which make the understanding of the criteria a laborious process and lead some adviser to use the easy way by stating their client do not qualify.
Some of the criteria that needs to be taken into consideration to be eligible for this program are:
1- Full or partial suspension of business operations
2- Your business experienced a reduction in revenue in 2020 and/or 2021
3- Your business operations were limited by commerce, inability to travel or restrictions of group meetings
4- Your business operations suffered from your vendors limitations

Do I have to repay the ERC Credit?

No. ERC is a refundable tax credit not a loan. When we file your ERC claim a refund check will be sent to you.

Can't I just have my CPA file? Why would I use ERC Geeks?

Sure. But this is where the problem maybe! There are several challenges to overcome as most of the CPA's either never heard about this program or do not understand well enough the qualifications criteria, or as the ERC credit is taken on your payroll returns and not through your business income tax returns, most CPA's do not handle such services for your company. Because of this most CPA's don't process this credit, unless they process your payroll in house and they took the time to fully understand the complexity of this IRS document with all the amendments that followed. This is also the main reason why this credit is so underutilized. Since CPA's don't typically handle it and they are the tax experts, it has mostly fallen in a middle ground where few are able to effectively process the credit. Interestingly, we receive a large portion of our clients from CPA's.
ERC Geeks sole business is to help small business owners in getting the maximum credit refund they are entitled to. Over the past year, we have been specifically focusing on the understanding of the ERC complex qualifications criteria and the maximizing the ERC program refund for our customers. In our experience and due to the complexity (the ERC tax code is over 200 pages) and time investment necessary to understand the ERC program, very few are able to effectively maximize this large credit for your business.

Can I get ERC Funds if I already took the PPP?

Yes. The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted December 27, 2020, modified the ERC credit rules. One of the modifications included allowing a company to have a PPP loan and still take advantage of the ERC credit. However, you can't double dip.

My revenue went up in 2020, can I still qualify for the ERC program?

Yes! There are many possible ways to be eligible for the ERC program for 2020 and 2021 if you had an increase in revenue during these periods. Some of them includes but are not limited to full or partial shutdown of your business due to COVID-19, loss of revenue opportunities due to covid, your supply chain got broken due to covid....This includes your operations being limited by commerce, inability to travel or restrictions of group meetings.

They are many examples of businesses that did not think they would qualify while they did due to COVID-19 restrictions imposed by the government:
restaurants had to fully close during a period last year and when they reopened they could not reopen to full capacity, businesses that were conducting their operations by meeting with clients in person and has to cancel meetings due to COVID-19 restrictions, businesses had to reduce their operating hours, businesses had to spend more time between clients due to cleaning requirements, businesses had to stop sales as their inventory was not delivered in time, businesses had to cancel events, restrict access to attendees.....

I'm a CPA or a payroll company, can I refer my clients to ERC Geeks?

Yes. We also offer a referral/affiliate program. To learn more please contact us.

Will the ERC funds run out?

No. This program is based on tax credit refund hence all eligible employers will receive the funds.

I'm getting more in ERC Credit than I paid in taxes?

Indeed you may receive more than the taxes you paid. This program has been created to assist employers with the retention of employees and while it is considered as a credit refund, the credit is not limited to the taxes you paid.

As an owner do my wages, or the wages of any family member I employ qualify?

The rule is simple here but does not make real sense. A business owner and his/her spouse are able to include their and family members W2 wages in the ERC calculation if and only if both the business owner and spouse have no living family members or both control less than 50% of the company! All other owners controlling more than 50% of a company and any family members* W2 wages are not eligible for ERC. (*look at the definition of family members)

Can my wages qualify for the ERC calculation if I'm self employed?

Same as above. Now if you run your business as a sole proprietorship, then you do not qualify.

How much do you charge?

We have set up a new flexible plan to satisfy our customer demand.
PLAN 1: $0 till you get your first refund. % of the amount recovered depending based on total amount recovered & payable when you get your refund.
PLAN 2: $5K upfront, % of amount to recover paid with progress payments, with last payment when you get your first refund check.

How will I make payment?

Experience shows that it take around 6 months for business owners to receive their refund check. So we offer our contingency program as detailed above and you will only pay the fees AFTER you get your refund checks in the case you choose PLAN 2.

What happens if the IRS does not send refunds?

In such case, ERC Geeks will try to resolve this issue with the IRS on your behalf and you will not have to pay us any fees until you get a refund, if you do not get a refund then you will not owe any money.

How long does ERC process takes?

It is up to you! We have automated all the process on this site, hence as soon as you enter all the data requested, we will process your application within a day. You will need to have sign our consulting agreement first as detailed above, then you will receive from us the form to file your claim that you will need to sign, then we will file them for you. Once filed, refunds are released based on IRS backlog. Currently, the IRS has stipulated a 16 week minimum turnaround on the ERC refunds.

Is the ERC Credit taxable?

The ERC credit is not considered income for federal income tax purposes, but you must reduce any deductible wage expenses by the amount of the credit. Please provide the credit information to your CPA for tax purposes.

Still Have a Question? Please contact us.