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Unmasking the Myths of the Employee Retention Credit (ERC) being a Scam

June 9th, 2023

ERC: A Legitimate Solution for Small Business Owners:

As small business owners, it's natural to be cautious when encountering new programs and opportunities. However, the Employee Retention Credit is a legitimate and valuable resource designed to help businesses retain employees and recover from economic challenges.

Here's why you can trust the filing of your ERC with Resolute Tax Credits (and why it's not a scam):

1. Government-Backed Program

The ERC is a government initiative authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and subsequent legislation. It is backed by the Internal Revenue Service (IRS) and administered through legitimate processes.

2. Eligibility Criteria

The ERC is available to businesses that meet specific eligibility criteria, including a decline in gross receipts or partial/complete suspension of operations due to COVID-19. The IRS clearly defines these criteria and businesses are subject to compliance.

3. Experienced Guidance

With a team equipped with the same tools as the Big 4 firms, Resolute Tax Credits offers experienced guidance to navigate the complexities of the ERC. One of our co-founders previously led a Tax Credit vertical for a major firm, bringing a wealth of knowledge and expertise to the table.

4. Positive Impact

The ERC has provided significant relief to numerous small businesses across the country. It offers financial support to retain employees, ensuring stability and continuity during challenging times. Many business owners have successfully utilized the ERC and experienced its positive impact firsthand.

In conclusion, the ERC is not a scam but rather a government-backed program designed to assist businesses in retaining employees and recovering from economic challenges. With Resolute Tax Credits as your partner, you can trust that you're receiving legitimate guidance from professionals equipped with the same tools as the Big 4 firms.


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