Employee Retention Credits (ERC)

There are currently many firms that provide ERC services, and many of these companies only opened their doors (or websites) after the CARES act and because of ERC credits. Sycamore has been providing expert tax consulting since 2011. Even before COVID and ERC’s, we had many years of experience helping our clients document and receive research and development tax credits, job creation tax credits, and employee training grants. We have long-term relationships with our clients and their accounting firms, and these relationships are built on accuracy, trust, and expertise.

Many businesses and non-profit organizations experienced difficult times during COVID-19. Through thorough analysis, Sycamore has helped charter schools, universities, restaurants, healthcare providers, long-term care facilities, and others receive substantial ERC tax credits.

Because of our thorough process, Sycamore has secured substantially larger credits for our clients than they initially expected to receive. We have also discovered that there is often confusion around the number of employees (specifically how the number of employees should be counted under the law) that a business, school, or non-profit can have in order to claim ERC credits. This misunderstanding has kept many from applying for and receiving ERC’s. Please contact Sycamore for clear guidance on this issue.

The declaration deadline for 2020-2021 credits is 2025, so there is still time to obtain ERC credits. The experts on Sycamore’s ERC team will work with you to document how you were affected by COVID-19 restrictions. This documentation enables us to build a research brief that outlines your ERC eligibility under the tax code. At Sycamore, our goal is to enable our clients to receive the credits that they are legitimately and legally eligible for, not more and not less.