ERC
Many small and medium business owners are eligible for the Employee Retention Credit (ERC), a valuable tax credit meant to encourage businesses to retain employees during the COVID-19 pandemic. ERC can save businesses thousands of dollars, but many business owners are confused about how to apply for it. They often turn to their accountants for help, but is that the best option?
Here are three reasons why you should use ClearERC over your accountant:
1. Specialization
ClearERC is a specialized agency dedicated to helping businesses file their ERC applications. Our team of qualified CPAs and tax attorneys has extensive experience in securing ERC credits for businesses. As a specialized agency, we are better equipped to navigate the complexities of ERC and maximize your tax benefits.
Your accountant, on the other hand, may not be as familiar with ERC. While they may be able to help you file your application, they may not be able to get you the maximum credit amount. Additionally, they may have other responsibilities that prevent them from dedicating their full attention to your ERC application.
2. Efficiency
Filing an ERC application can be a time-consuming process, with many different forms to fill out and requirements to meet. ClearERC has developed an efficient process to streamline the application process for our clients. By working with us, you can save valuable time and resources.
Your accountant may not be as efficient in filing ERC applications, especially if they are not specialized in this area. They may need to spend extra time researching the requirements and processes for filing an ERC application, which can delay the process and cause frustration for you.
3. Expertise
ClearERC’s team of CPAs and tax attorneys are ERC experts. We stay up-to-date with the latest changes to ERC regulations and tax laws, so we can provide the most accurate and effective advice to our clients.
Your accountant may not have the same level of expertise in ERC. While they may have a general understanding of the credit, they may not have the in-depth knowledge required to maximize your credit amount and ensure full compliance with the regulations.
Conclusion:
While your accountant may be able to help you file an ERC application, using a specialized agency like ClearERC can provide several advantages, including specialization, efficiency, and expertise. By working with us, you can ensure that you receive the maximum tax