How a Tax Attorney Helps Your Business Avoid Issues with ERTC

August 8, 2023
Dayes Law Firm

In late July 2023, IRS Commissioner Danny Werfel told a special roundtable session of tax professionals that the agency has successfully cleared the backlog of valid Employee Retention Tax Credit claims and is shifting focus to dealing with fraud in the program. The IRS has increased audit and criminal investigation into fraudulent claims, which is bad news for businesses that claimed the ERTC without actually qualifying to do so.

However, some businesses that were eligible to claim the ERTC may get caught up in the wave of audits erroneously. Ultimately, having a tax attorney can help your business avoid issues with ERTC claims like an audit, or help you through the audit process if you believe you claimed the tax credit correctly but got audited by the IRS anyway. 

How Tax Attorneys Can Help 

“Improperly claiming the ERC could result in taxpayers being required to repay the credit along with penalties and interest,” the IRS previously warned. These are issues every business owner certainly wants to avoid, and a tax attorney may be able to help you with your application process so you have less of a chance of being audited

Unfortunately, some unethical business owners have in fact provided false information on their ERC applications and submitted claims when they shouldn’t have done so. But many business owners may be trying to do the right thing when it comes to the Employee Retention Tax Credit, but making simple mistakes that could end in them dealing with major issues with ERTC claims. 

A tax attorney can help ensure you definitely qualify to claim the tax credit in the first place and help you with every step of the ERTC application process. Tax professionals, like the team at Dayes Law Firm and our partners, can help you collect the documentation you need for an audit or other IRS issues and respond to the IRS in a timely manner if you do contend with an audit. 

Tax attorneys can check and double-check the information sent to the IRS for your ERTC claim so there aren’t red flags in your application. Tax professionals like the ones at Dayes can not only help you claim the tax incentives your business is entitled to but can also defend you against an IRS audit, should you end up dealing with one. 

Dayes Law Firm Audit Defense 

At Dayes Law Firm, we will stand behind ERTC refunds we believe are due to your business and defend businesses with an ERTC audit or if there is ever a request for an audit in the future. 

Our tax professionals are skilled in the area of Employee Retention Tax Credit applications and work with lawyers, CPAs, and ERTC firms when it comes to application-related complications like audits and defense of audits. There is always a chance the IRS could audit your ERTC application, but if that happens, our team can help. 

We offer a free consultation on Employee Retention Tax Credit audit questions – or any questions you may have about the ERTC. Your first evaluation is free, and you are under no obligation to work with our firm after that consultation. 

If you’re dealing with a tax credit audit or other issues with ERTC claims and need a strong defense, Dayes Law Firm can assist you. Please give us a call or fill out the form on this page to get in touch. 

One of our tax attorneys can help your business avoid issues with ERTC claims, or assist with an IRS audit. Feel free to contact us and learn why so many other businesses have already turned to Dayes for ERTC support!