I hope your 2026 is off to a great start.
Updates for Outstanding ERC Issues
New: Opportunity for Business Owners to Reduce Personal Income Tax Liability
New: Research & Development Tax Credits
Coming Soon: Healthcare Benefits Consulting Service
Missing ERC Payments
Overall, ERC payments continue to be processed, but at a very slow, unpredictable rate. If you don’t fall into one of the following categories, I recommend contacting Taxpayer Advocate Services, and requesting their assistance. We’ve seen very good results using TAS. https://www.taxpayeradvocate.irs.gov/
Many of you experienced what is called an “Erroneous Denial.” The IRS issued many denial letters for Q3 of 2021 a while back. If you are one of these people, and it’s been 18 months or more since receiving your letter, it’s important we take action asap, as there is a 24 month statute of limitation that can affect this. Please reach out to me, and we will work with your ERC provider on what is the best next step.
Some of you filed for ERC using your PEO (Private Employer Organization). I wish I had better news, but the best you can do is push on your PEO. There are one of two possibilities: (1) The IRS has not sent these funds to your PEO, or (2) Your PEO has the funds and is making excuses for not releasing them. I assure you that these are excuses that they benefit from.
Some of you had your Q3 of 2021 ERC payment retroactively declined by Congress in the OBBB. I have no new updates on this, except that I continue to believe there will eventually be tax lawyers who find a way to litigate for these funds.
New: Opportunity for Business Owners to Reduce Personal Income Tax Liability
If you have a large personal income tax liability for 2025, or you expect one in 2026, I’m happy to say that I met some amazing tax professionals last year who specialize in tax planning, tax mitigation, and business exit planning. In simple terms, they examine your overall situation, and make recommendations that often include private equity investments that are rich in tax benefits. I have vetted these people, and personally utilize their services.
If you feel you might benefit from this, please reach out to me. If we decide it makes sense for you to explore, I can make an introduction for you.
New: Research & Development Tax Credits—often under-claimed or missed
The door for these credits has not only re-opened, but it’s gotten bigger and better. If you are a company who has been investing time and resources into developing new products, processes, or technology since 2022—or improving existing ones—I can soon provide you with a short questionnaire to determine if you are a good candidate. The team I partner with will seek out credits over the past 3 years for you.
Similar to ERC, I have vetted the professionals who specialize in this. This is complex. Doing it well means a higher dollar amount and professionals who fully defend your claim.
Coming Soon: Healthcare Benefits Consulting Service
Without a doubt, healthcare benefits are among the most popular pain points of small employers. I began the journey of seeking out solutions in 2022, and have over time uncovered what I believe are the answers for most small employers. It’s not one size fits all, but the key to all of this is the technology platform—not the insurer. Similar to ERC, I have done 1000+ hours of due diligence, and believe I have found the right partners to make this new service possible.
Our website will soon be updated to reflect all the changes. We will continually be seeking out financial opportunities that are often overlooked for smaller employers.