What Partnerships and Resources Support Businesses with the ERTC?

November 9, 2023
Dayes Law Firm

The Employee Retention Tax Credit (ERTC/ERC) is a great program that many businesses can take advantage of, but it won’t be around forever. If you’re a business owner and haven’t yet applied for the ERTC, you might be holding off because it seems like a daunting task. However, there are partnerships and resources available to support businesses in utilizing the ERTC. 

ERTC Assistance – Resources Available to Businesses

There are a number of businesses that can help employers claim the ERTC and utilize this important program before deadlines for the tax credit arrive. 

In fact, as part of an announcement about a moratorium on the processing of new ERTC claims through the end of 2023, IRS Commissioner Danny Werfel urged business owners that when it comes to working with a third party on an application, “businesses should seek out a trusted tax professional who actually understands the complex ERC rules.”

The truth is, while there are numerous partnerships and resources available for businesses to take advantage of the Employee Retention Tax Credit program, they may not all be acting in good faith. Unfortunately, “the IRS is increasingly alarmed about honest small business owners being scammed by unscrupulous actors, and we could no longer tolerate growing evidence of questionable claims pouring in,” Werfel said as part of the processing pause announcement. 

But that doesn’t mean it’s entirely a bad idea to work with a partner on claiming the ERTC for your business! You’ll just want to be sure that the third party you’re working with is legitimate and can offer you the best resources to utilize the ERTC program.

ERTC Partnership Red Flags

If you’re seeking a partner to work with on your ERTC application for your business, you should watch out for a few red flags.

For instance, if the business is brand new, that may not be a great sign. Just as an example, at Dayes Law Firm, we’ve been working in tax law for years, and our firm is known and trusted in the Arizona community. Not every resource or business available to work with you on your application can say the same.

The IRS also warned that “aggressive claims from the promoter that the business receiving the solicitation qualifies before any discussion of the group’s tax situation” is a huge red flag when seeking out ERTC assistance. At the very least, you should have a consultation where you discuss your business’s unique needs, which is what we offer to every potential ERTC client at Dayes Law Firm. 

Working With an ERTC Partner

Just because there are some dishonest businesses out there trying to offer questionable resources to “support” employers with the ERTC doesn’t mean working with a third party is entirely a bad idea. You shouldn’t let a few apples spoil the bunch if you’re looking for an ERTC partner – you’ve just got to make sure you choose the right one. 

The ERTC team at Dayes Law Firm is one partnership you’ll be happy to have if you choose to work with us on your Employee Retention Tax Credit claim. To date, our team has assisted businesses in filing for over $250 million in tax credit claims and our clients have already received over $25 million in funds for the ERTC! 

We’ve got a proven record of success with the ERTC, and we’d be happy to act as a resource and partner for you and your business, too. Please feel free to contact us by calling (800) 503-2000 to find out how our team can best assist you.