David Dougherty, CPA, renowned for his expertise in tax audits, offers comprehensive ERC audit support to businesses in DeBary, FL, and surrounding Volusia County, including Daytona Beach, DeLand, Deltona, and Orange City. His team of experienced tax professionals, well-versed in the complexities of ERC audits, can help you navigate these challenges and ensure you're fully prepared.
The Employee Retention Credit (ERC) was a lifeline for many businesses during the COVID-19 pandemic. It helped companies that were ordered closed by the government retain employees by offsetting payroll costs. However, a recent report found that over 90% of ERC claims paid out may have gone to businesses that didn't qualify for the credit. This revelation underscores the urgency for businesses to ensure their eligibility, as those companies receiving the credit must now repay the IRS, potentially with penalties and interest.
If you claimed the ERC credit for your DeBary, FL, or Volusia County business, preparing for a potential audit is crucial. Our audit support includes:
David Dougherty, CPA, helps clients in Volusia County and neighboring Seminole County, including Sanford and Lake Mary, prepare for IRS and tax audits.
Don't let ERC audit threats from the IRS become a source of stress for your DeBary, FL, business. Contact our office today at 386-668-3328 and get the ERC audit support you need to successfully navigate this complex process.
This article is for informational purposes only and should not be considered tax advice. Always consult with a qualified tax professional for personalized guidance regarding your specific situation.
