Can ERTC Tax Attorneys Provide Insights on Claim Eligibility?

January 5, 2024
Dayes Law Firm

If you haven’t applied for the Employee Retention Tax Credit (ERTC/ERC) and are now a little nervous about doing so because of recent crackdowns on claim applications by the IRS, you might want to consider turning to a tax professional for assistance. An ERTC tax attorney can offer insight into claim eligibility and assist you with the whole process. 

What Insights Can ERTC Tax Attorneys Provide?

The IRS ordered a “moratorium on processing of new claims through 2023 end” for Employee Retention Tax Credit claims on September 14 amid concerns of “improper” or “ineligible” applications being sent to the agency. Some of those claims have been denied due to claim eligibility issues. 

In fact, on December 6, the agency announced it had sent out “an initial round of more than 20,000 letters to taxpayers notifying them of disallowed ERC claims.” A news release about the move stated, “After an initial review this fall, the IRS determined that a large block of taxpayers did not meet basic criteria for the credit.”

Some taxpayers who applied for the ERTC on behalf of their business but weren’t actually eligible to make a claim may have fallen victim to third-party promoters who have been less than honest about ERTC qualifications. IRS Commissioner Danny Werfel said in early December, “We continue to urge people who submitted a claim to review the rules with a trusted tax professional.”

The IRS has generally suggested working with a trusted tax professional on the ERTC for months. Because the truth is, an ERTC tax attorney can provide insight into claim eligibility that will help you avoid trouble with the IRS later.

Tax professionals who are already skilled in the area of tax law can clearly provide insight into this specific area. ERTC tax attorneys know exactly what it takes to qualify for the ERTC and what the IRS will be looking for in an eligible claim. 

Yes, you can apply for the Employee Retention Tax Credit on your own, but a tax attorney understands the process from start to finish and will know every detail involved in claim eligibility. Their insight is invaluable, especially for small business owners who already have a lot on their plate. 

How Dayes Law Firm Can Help

If you want to work with a team of professionals that thoroughly understands the Employee Retention Tax Credit and can offer insight into claim eligibility, consider getting in touch with the team at Dayes Law Firm

In a free, no-obligation consultation, our attorneys can work with you to review your unique circumstances and help you understand whether or not you qualify to make a claim for the ERTC. We can answer any questions you may have and have an understanding of the tax program that third-party promoters who haven’t worked in tax law for years may not.
Please contact us today to see how we can help you determine whether or not your claim is eligible for the Employee Retention Tax Credit program and how to best move forward. To date, our firm has assisted businesses in filing for over $250 million in ERTC claims and our clients have already received over $25 million in ERTC funds. We’d be honored to help you and your business, too. Call us today at (800) 503-2000 to learn more.