ERC (tax credit) updates.
Do not wait for IRS to send you the refund sometime in 2024. The Fed is not supposed to run out of ERC funds, yet who knows! PPP did. Treasury Dept informed Congress that ERCs are the main reason why net revenues are “meager”!!
Besides, currently IRS has a backlog of 800,000 ERTC applications to process; and this number is growing.
Read this New York Time’s article for ERC pitfalls and risks.
1- Payclass can manage your ERC filing, and insure audit protection. How? We use IRS Circular-230 certified accountants to file your ERC, and provide you with an Audit Protection guarantee.
2- We also buy your ERC. Unlike a loan, you do not pay this back to us. And we can fund your ERC right away.