Solutions Page

ERC FAQ’s

I thought clients that received one or more PPP loans weren’t eligible for Employee Retention Credits?

Initially, the CARES Act did not allow companies to get both PPP and ERC. However, that has since changed under section 206(c) of the Taxpayer Certainty and Disaster Tax Relief Act.

What is your experience helping clients with the Employee Retention Credits (ERC)?

We have helped hundreds of clients with the ERC process and are currently in the process of working with hundreds more to determine eligibility and file for refunds. Mellor and Associates has over 12 years of experience in audit, tax, accounting, and forensic accounting.

What companies are most likely to qualify?

• Those with fewer than 200 employees
• Those receiving 2 PPP loans
• And/or who have had an overall decline in the number of employees since 2019

What percentage of referred clients engage MPLLC to perform the services?

Nearly all qualified clients referred to us by our partners engage our firm to complete the necessary filings to claim the credit. This is in part due to our reputation – but is also reflective of the trust they have in you!

What is the most common way a business tends to qualify?

While we have helped businesses qualify in just about every possible way, the most common way businesses qualify is due to a decline in revenues.

Is there an application and “forgiveness” process?

No. Unlike the PPP program, this is a tax credit claimed through original and amended quarterly federal payroll tax returns (941, 941x). There is also no “economic necessity” required nor does a client have to prove the declines in revenue were caused by COVID-19.

How much work will this be for me?

“Immaterial” to “minimal”. In most cases, after contact is made, most, if not all, of the work can be done by MPLLC. As a referral partner, you can be involved as much or as little as you’d like.

Will your firm be around in 10 years? Can my clients trust you to help them?

Yes. We have been around for over 10 years – and plan to be around for the indefinite future. We are still completing audits and reviews and helping businesses with a wide variety of other accounting needs. Our firm currently has a 5-star rating, and we are working hard to maintain that reputation – particularly as we work with clients nationwide.

How much money can a Recovery Startup Business get for ERC?

Recover Startup Businesses use the same process that’s mentioned in the previous question to calculate the amount of qualifying wages they have. The difference is that their refund is limited to a maximum of $50,000 in Q3 and Q4 of 2021, so these businesses can get a maximum of $100,000 in ERC refunds.

Is the evaluation process free?

Yes – we don’t charge any fees to help clients determine if they qualify and we don’t pressure qualifying clients to engage. We are also happy to give clients a “second opinion” if they’ve started the process with another provider to ensure they fully understand their qualifying amounts and fee options.

How long will it take for MPLLC to complete the filings once the client signs an engagement letter?

Usually within 2 or 3 weeks.

After the filings have been mailed to the IRS, how long will it take for my clients to receive a check?

There is a chance that refunds could take up to 9 to 12 months. However, the clients we have helped in 2022 have been seeing their refunds come in between 3.5 and 5.5 months from filing.

I’m doing ERC services already for my clients – but I have some questions.  Can I call you?

Yes! We are happy to visit with your firm, without cost or obligation, to help you better understand the Employee Retention Credit.

I'm interested in becoming a referral partner - what are the next steps?

You can do any of the following:
• Call our Referral Partner number at 385-446-4869
• Email us at ERC@MellorPLLC.com
• Submit the webform at the top of this page.

Referral Program

Why Should You Become a Referral Partner with MPLLC?

Give your clients the best ERC support possible

ERC FAQ’s

Talk to us

Referral Program

Why Should You Become a Referral Partner with MPLLC?

Give your clients the best ERC support possible

ERC FAQ’s

Talk to us

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