How Can Businesses Resolve ERTC Eligibility Uncertainty?

October 31, 2023
Dayes Law Firm

Business owners who haven’t yet applied for the Employee Retention Tax Credit have limited time left to do so. But some employers may not have applied yet because they’re not sure they’re eligible to do so. How can businesses resolve uncertainties related to eligibility for the ERTC? 

Resolving ERTC Eligibility Uncertainty 

The first thing you can do if you’re unsure about your ERTC eligibility is look to the IRS. The agency has plenty of information about the Employee Retention Tax Credit and who qualifies to claim it. 

The IRS website notes that this tax credit is available to eligible employers that paid qualified wages to some or all of their employees after March 12, 2020, and before January 1, 2022. If that includes your business, that’s one eligibility point checked off. 

In general, businesses and tax-exempt organizations that qualify for the ERTC are those that align with the following guidelines provided by the IRS:

  • “Were shut down by a government order due to the COVID-19 pandemic during 2020 or the first three calendar quarters of 2021, or
  • Experienced the required decline in gross receipts during the eligibility periods during 2020 or the first three calendar quarters of 2021, or
  • Qualified as a recovery startup business for the third or fourth quarters of 2021”

If you’re still not certain about your ERTC eligibility for a specific reason – for example, you’re not sure if you can claim the credit because you took a Paycheck Protection Program loan – a tax professional may be able to help you resolve this uncertainty. 

How an ERTC Team Can Help Determine ERTC Eligibility 

Working with a qualified tax professional like the ones on the team at Dayes Law Firm may be your best bet if you’re looking to resolve uncertainties related to ERTC eligibility. 

Tax attorneys can help you with every step of the Employee Retention Tax Credit application process, starting with determining eligibility. They can help you work out whether or not you’re qualified overall and determine eligibility by quarter, giving you peace of mind when it comes to turning in that application to the IRS. 

A tax professional skilled in helping businesses apply for the ERTC, like the staff at Dayes, will help you work out qualified wages and help you gather important documentation like records of wages paid, gross receipts, the government orders involved in your partial or full suspension of operations, and more to prove eligibility. 

If you have a great deal of uncertainty related to ERTC eligibility, you don’t have to research qualifying factors on your own. Our firm can help you calculate your eligibility and help you with the whole ERTC application process. In fact, Dayes Law Firm and our partner firms have already helped hundreds of business owners file for the ERTC, and those filings represent more than $100 million in tax credits so far.

If you’re unsure whether or not your business is eligible to claim the Employee Retention Tax Credit, please contact us to see how we can help. Call us at (800) 503-2000 for a free, no-obligation consultation to learn more. 

We want you to be completely reassured of your eligibility before your application is seen by the IRS. Call Dayes Law Firm to find out how we can best assist you today!