COVID RELIEF TAX CREDITS

In 2020, Congress passed the CARES Act. This legislation included the initial Employee Retention Credit guidelines. There was $1.7 trillion allocated for ERC funding. If your business, religious institution, or nonprofit had W2 employees in 2020 or 2021, chances are you are eligible — even if you received a PPP loan, and even if you didn’t lose money. The ERC is designed to reward organizations that weathered the storm of the COVID-19 pandemic.

This program, however, was created in such a way that only big corporations with a team of lawyers and tax specialists were able to apply. They made the rules for receiving ERC incredibly convoluted and just about impossible for the average business owner to decipher and access this once-in-a-lifetime legislation. This was unacceptable to us. We believe ALL businesses that kept people employed and our country running during this time of crisis deserve an equal opportunity to apply for this financial relief owed to them. This is why we created Spider ERC.

Our team has collectively filed over 2000 claims equalling over a billion dollars. Not one SpiderERC client has ever been audited. Peace of mind for our clients is just as important to us as the precision of the technical services we provide.

In September 2023, the IRS released a statement announcing a ‘pause’ in processing claims and greater scrutiny and audits of the process due to the high amount of fraudulent and exaggerated claims by many fly-by-night ERC companies. We at Spider are happy that the IRS statements released have cleared out fake companies and claimants who intend to place fraudulent claims. In actuality, there is no need to falsify or stretch the truth on any ERC claims because the law is written in such a way that it is quite generous and clear on what is a real claim and what is not. SpiderERC understands and applies these rules to the letter of the law and we provide extensive documentation to support your claim.

We get our clients every penny they are entitled to and not a penny more. We are doing for our clients what best-in-class accountants do for their high net-worth clients: utilize the law to safely generate and build their clients’ wealth and legacy. We are insured for over one million dollars per incident and have never had a single audit of any of our claims.

We are here to answer any questions. If you have friends or family who want to file and are afraid or believe their claim may have been done incorrectly by another company, please feel free to have them reach out to us.