Blogs

Maximizing The Employee Retention Tax Credit (ERTC) For Your Firm Podcast

Are you interested in learning more about the ins and outs of the Employee Retention Tax Credit (ERTC)? Click here to listen to The Lake Law Firm’s very own Michael Blom, Esq., on the most recent episode of the Grow Your Law Firm podcast. Attorney Blom joins PILMMA founder and long-serving attorney Ken Hardison to break down the ERTC process. This is a must-listen for business owners still on the fence about the Employee Retention Tax Credit.

In this Grow Your Law Firm segment, you will learn about:

• What the Employee Retention Tax Credit is
• The key ERTC filing deadlines
• Eligibility qualifications
• How much money your business can receive
• An estimation of the turnaround time for your credit

Take Advantage of the ERTC While You Still Can

Some business owners are understandably unsure about taking the plunge into filing for the Employee Retention Tax Credit. Meanwhile, many are even unaware that the ERTC is still available. However, Mr. Blom addresses the most pressing concerns and questions regarding the ERTC.

In this episode, we dispel the myth that the ERTC has expired, letting businesses know there is still time left to apply. Although the Employee Retention Tax Credit is not off the table, deadlines are approaching. Episode 155 of the Grow Your Law Firm podcast outlines the critical ERTC deadlines to ensure your business won’t lose out on maximizing your refund.

Discover What Qualifies Your Business for the ERTC

Mr. Blom also dives into the criteria used to determine a business’ eligibility. A common ERTC misconception is that a decline in revenue is necessary to receive a refund. Yet, this episode expands on the additional qualifications. Government mandates such as reduced hours can qualify your operations for the ERTC in lieu of a drop in revenue. Tune in to find out what government impacts entitle businesses to the ERTC beyond revenue decline.

Certain business owners are apprehensive of the ERTC because it sounds too good to be true. Mr. Blom reminds listeners that this is a government-funded program designed to reward businesses that kept employees on payroll during the pandemic. This informative ERTC-focused episode sets the record straight about what one can realistically expect.

Understand What Sets The Lake Law Firm Apart

Businesses encounter several offers for ERTC assistance. There is a sea of seemingly indistinguishable accounting firms promoting this government program. Therefore, it can be challenging for a business owner to choose the right partner to help them secure their refund. On Hardison’s podcast, Mr. Blom touches on what differentiates The Lake Law Firm from accounting firms. Thanks to our contingency fee basis, efficient case workup, and audit defense, The Lake Law Firm is like no other when it comes to ERTC assistance.

Did the pandemic affect your business? Are you interested in earning up to $26,000 per W-2 employee? We recommend listening to Mr. Blom on episode 155 of the Grow Your Law Firm podcast to understand how our ERTC services can benefit your business.