Grab Unexpected Tax Savings Employee Retention Credit Consult
The Process of Claiming the ERC
Claiming the ERC requires careful documentation and adherence to IRS guidelines. Businesses can claim the credit by reporting it on their federal employment tax returns, typically using Form 941. For those who missed claiming the credit in previous quarters, filing an amended return using Form 941-X is necessary3. Given the complexity of the process, many businesses opt to consult with tax professionals who specialize in ERC claims to ensure accuracy and compliance.