2024 ERTC Claims Assistance & IRS Crackdown Explained In New Awareness Campaign
Nov 16, 2023
Summary
Employee Retention Tax Credit Awareness Campaign Launched to Combat Fraudulent Claims
A new Employee Retention Tax Credit (ERTC) awareness campaign has been introduced by Claim Your Recovery, LLC in conjunction with ERTC Express, with the aim of helping small businesses avoid making fraudulent claims. The Internal Revenue Service (IRS) has expressed concerns about misleading marketing and is implementing additional measures to reduce fraud amid a new phase of claims processing.
Confusion about eligibility for the ERTC, which has been amended three times by Congress, has resulted in an increase in aggressive marketing by unscrupulous companies seeking to exploit the situation. ERTC Express has discovered that 75% of small businesses are unaware that they qualify for ERTC refunds. The company, which has already secured over $1.3 billion in rebates across sectors, offers a proven process overseen by licensed American CPAs to minimize the risk of errors or follow-up questions that may delay refunds.
Unlike software or payroll companies, ERTC Express employs a thorough manual process overseen by three CPAs to ensure accuracy and maximize refund potential. This personalized approach often leads to refunds that are 40-120% higher than those obtained with large tax preparation firms. ERTC Express also has the ability to secure advance funding for clients during the application process, further streamlining the refund process for small businesses.
For more information on the campaign and to access the services offered by ERTC Express, interested parties can visit their website.
A new Employee Retention Tax Credit awareness campaign has been announced by 'Claim Your Recovery, LLC', which is working in partnership with ERTC Express to help small businesses avoid fraudulent claims.
Bayonne, United States - November 16, 2023 /PressCable/ —
The new announcement comes amid fresh concern from the IRS, which is entering a "new phase" of claims processing according to Commissioner Danny Werfel. Now that the backlog of ERTC claims has been reduced, it is increasingly emphasizing fraud reduction - noting that additional procedures will need to be put in place to combat misleading marketing.
More information can be found at https://portal.ertcexpress.com/qualify/claimyourercrecovery
The Employee Retention Tax Credit has been amended three times by Congress, which has led to confusion around eligibility, the IRS explains. Some rogue firms are seeking to capitalize on this and aggressive marketing has increased - leading to numerous businesses submitting claims that aren't justified.
"The further we get from the pandemic, we believe the percentage of legitimate claims coming in is declining," Danny Werfel says.
ERTC Express has found that 75% of small businesses are unaware they qualify for ERTC refunds. Since launching, the firm has already secured over $1.3 billion in rebates across sectors through its audit-proof approach. By partnering with them, small businesses can access a proven process that maximizes refund potential, the firm says.
All applications are overseen by licensed American CPAs who create documentation that stands up to IRS scrutiny. This approach minimizes the risk of errors or follow-up questions that can delay refunds.
Unlike software or payroll companies, ERTC Express does not use any automated tools at any stage of the process. Each application is managed individually - a white-glove service that often yields refunds 40-120% higher than those from large tax prep firms. As an established leader in ERTC filings, ERTC Express can also often secure advance funding for clients while applications are processed.
The company uses a unique 'power of three' approach to ensure accuracy: every application passes through three CPAs who each thoroughly cross-check the details, prioritizing accuracy across all documentation.
Betsy W, a recent client, said: "ERTC Express went the extra mile for us, patiently answering our questions. I really appreciate our account manager who guided us through each step of the process."
Interested parties can learn more at https://portal.ertcexpress.com/qualify/claimyourercrecovery
Contact Info:
Name: Michael O'Reilly
Email: Send Email
Organization: Claim Your ERC Recovery, LLC
Address: 104 W 16th St, Bayonne, NJ 07002, United States
Website: https://portal.ertcexpress.com/qualify/claimyourercrecovery
Source: PressCable
Release ID: 89113440
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