Dear ,

I wanted to share some critical information about the Employee Retention Credit (ERC). You might have heard of it – it was meant to help businesses during the pandemic.

Unfortunately, the ERC has been widely misused, and the IRS is cracking down. Here's what you need to know:

• A lot of claims were bad: Experts say the vast majority of ERC claims may be fraudulent.
• You may need to repay: The IRS has a way for you to repay or retract the ERC if you weren't eligible, without penalties, but this option may not last long.
• There are serious consequences: Ignoring this could lead to hefty penalties, audits, or even worse.

WATCH: ERC Updates And Tax Scams

https://www.youtube.com/watch?v=AEThbLJ2PFE&t=185s 

If you claimed the ERC or were thinking about it, please don't take any chances. Consult with a trusted tax professional like me right away. I am available if you want to talk.

I know this is stressful, but it's better to address it now.

Thanks,

Your favorite accountant and tax professional,

Folasade

(202) 618-1295

[email protected] 

Hey Entrepreneur! I am Folasade Ayegbusi. I am an Enrolled Agent, Accountant, Ex-insurance Broker, Speaker, and Small Business Growth Strategist. Additionally, I am a Mother, and Entrepreneur.

I have helped entrepreneurs and small business owners save over $25 million dollars in lost revenue, tax assessments, penalties, and interests over the last 12 months. I am confident that I can assist you with all of your accounting needs.