Q~n~A

What is the ERC?

The employee retention credit is a refundable employment credit enacted by the CARES act to provide COVID relief worth up to 50% of the wages paid in 2020 and up to 70% of the wages paid in 2021!


How do I qualify?

The most common qualifiers are: a decline in gross receipts, mandatory government closures, safe harbor eligibility, live venue operations, recovery start up businesses and/or PPP forgiveness denial. Be sure to let us know if any of those apply to you. Beyond that scope, business class, state of emergency orders and regulatory mandates are all governed by different entities so each individual we look at is going to have a specific qualifying spectrum that we can operate within. Things specific to industry, location or time in business can push your credit over the edge whereas PPP forgiveness can pull you back. This is why, although 98% of W2 employers qualify by default for at least 2 of the six quarters filing an amendment of this size can seem daunting. Through the rest of this year, included as a COMPLIMENTARY upgrade with all packages, you'll receive an individualized qualification scenario backed by IRS, state and Local laws to support your claim as well as a sworn statement by a tax professional squashing any erroneous claim allegations. We guarantee it holds up or we will refund your money! Terms and conditions do apply.

Head on over and fill out our simple pre-qualification form to see if you need an ERC specialist to contact you today or if we are ready to reach for the next phase and Calculate that initial ERC!!

What is a recovery start up business?

The IRS defines a recovery start up business as any business who began operations after February of 2020. Be sure to tell us if this applies to you as it will qualify you for additional quarters and impose different limitations on maximum credit amounts.


Am I guaranteed a refund?

As with anything IRS related a guarantee is next to impossible to grant. That being said, the quality of work you will recieve from us is far above par for the course and we will back up every number we give you in our IRS verification reports. In addition we always offer a risk free consultation which in this case could result in your initial ERC Calculation, always given free of charge! This preliminary calculation is an approximate refund amount pending final documentation which should, at the least, help you to make an informed decision regarding the next phase. So are you guaranteed a refund? No because your shoes are at home.


Is this process going to be time consuming?

No! Simply fill out the questionnaire or contact us if you need assistance obtaining the information requested As Soon As Possible and we will take care of the rest. We average an under one week turn around timeline (provided you give us all the relevant information upfront) but we do ask for a 30 day window to compensate for any extraordinary circumstances that may arise within the Final ERC calculation.


Is the ERC taxable income?

No, however you do have to reduce the amount of wages paid that you previously claimed on applicable tax years by the amount of ERC you receive as a refund. This may include amending forms 1040, 1065, 1120, 1120s etc. Amendments to personal and business tax returns are not part of this process but at our discretion we may offer it as an add on service. Either way, your final ERC Calculation will come with a guideline for amending your adversely affected tax forms.


What is the process from start to finish?

Click here for an infographic on everything from the pre-qualification stage through receiving your refund.

While you wait why not earn? Join our customer referral program or level up to our affiliate referral program after you successfully bring in 3 clients to get their ERC calculated. Why not earn money while you wait for your refund. Click here for more information.

How much does this service cost?

The initial ERC Calculation is given to you as your free consultation 100% free of charge. All other billing scenarios vary on a case by case basis as we taylor make each ERC package to your specific needs. You may then, further customize your package to include any or all of the add-on services offered to you as well as any other contract specification that you may desire. The next phase is to sign and drive just don't delay! Time is running out on these credits. Our fees are a fraction of our competitors and you are guaranteed payout or your money back. GUARANTEED!!

When will i receive my refund?

Current IRS processing times for 941 amendments are 6-9 months but we hope that with the addition of the new IRS agents being implemented later this year, the IRS will close the gap on that the time frame and resume the typical 6-8 week timeline. Check out the links page to see an updated timeline.

Is there a deadline to file?

YES! We can not stress this enough! The IRS has implemented a HARD DEADLINE on this credit. The deadline is stated by the IRS as three years from the date the original 941 was filed or when the tax for the current quarter in which the error was found in is due, whichever is later. This means that the first quarter of 2020, in which 98%of businesses qualify by default, is fast approaching. Click here to qualify today!

If I received PPP money am I disqualified from ERC?

No! An amendment to the original code governing this credit allows for the rearrangement of wages to compensate for PPP funding as well as ERC refunds, allowing both credits to be claimed in the same year so long as different wages are used in calculating each.


I owe the IRS back taxes. Will they take this refund and apply it to my past due tax debt?

No! Get Ready for the best part! Because this is an employment tax credit and not an income tax credit your personal IRS issues are not relevant to its release. Therefore, even if you owe the IRS, it will have NO effect on this refund! Get started today!


What makes ERC by Liaison Solutions a better choice than it's competitor?

Human interaction, discernment, accountability and integrity are the tenants that covet our offices. Its really that simple to us. We still believe in the power of energy which is why we provide in person meetings as well as Zoom or FaceTime to get you face to face with our team. We also ensure that a physical being is processing your information, making sure that NOTHING is missed OR overlooked by an improperly functioning algorithm. We see the YOU in your business and we care about your financial wellbeing which is why we try to make this process as headache free and seamless as possible. As with any Liason Solutions product your satisfaction is of course guaranteed and your information is held in the strictest of confidence(click here for privacy policy). We are fully licensed and insured to handle this process from beginning to end and we assume the responsibility of any monies refunded along side you according to IRS standards...So Forgo the 800 number and choose local instead!.