Keep building your business with the ERC tax refund.
Despite essential status, construction companies faced substantial disruptions, experiencing a significant slowdown that affected nearly every sector.
Here’s what our customers had to say:
By claiming the ERC, eligible businesses have the opportunity to receive a substantial refund. This refund can be a significant boost for those that retained their employees on payroll during 2020 and 2021.
What is the ERC?
The Employee Retention Credit (ERC) is a tax credit program designed to provide financial relief to businesses that have faced disruptions and challenges in 2020 and 2021. The ERC involves detailed calculations and eligibility criteria, which may vary based on factors such as the size of the business, revenue loss, and types of business disruptions.
Navigating the complexities of the ERC may seem overwhelming, but we’re here to guide you every step of the way. Our team of independent tax attorneys understand the qualifications and deductions construction businesses may qualify for. In fact, they’ve already helped many construction companies receive hundreds of thousands of dollars in ERC refunds.
Our strategic partners bring incredible value to their customers and members, helping them increase liquidity for their business. We share a significant percentage of our fee with our partners for every successful ERC referral.
How was your construction company affected?
It was a challenging time for all industries, but especially for construction. Wouldn’t it be nice to experience a little financial relief from the last few years? Let’s walk through a few criteria that may help your business qualify.
Did your construction company experience these challenges?
Reductions in crew size due to government orders
Permit and inspection process delays
Job site access restrictions
Supply chain issues such as shortages of materials, parts, or equipment
Limited operating hours
These issues, such as supply chain disruption and permit and inspection restrictions, impacted the timing of construction projects by days, weeks, or even months – and can play a major role in the calculation of the ERC.
Success stories from businesses in the construction industry
The service was excellent. Everyone we dealt with was so helpful, and they made a complicated process very easy.
Coastal Pipeline, Inc.
There is no fee from them until they get you a refund. All my emails and questions were returned promptly. Thanks for a smooth process!
Innovation Refunds helped us get the employee taxes we paid into IRS for 6 quarters back and got our company back on its feet strong!
James Renovation and Construction
We work for you, with no upfront fee
Our independent tax attorneys have extensive knowledge of ERC qualifications and IRS tax code to help eligible construction companies claim their refund.
How can construction businesses use the ERC refund?
For businesses that qualify for and use the ERC, there are many ways to put the money to good use – things like paying debts, operating expenses, hiring and retaining employees, and growing your business.
In the construction industry, that might mean:
Allocating to labor costs
Financial relief due to significant revenue decline
Boosting cash revenues
Purchasing new equipment
ERC qualifications for the construction industry
The construction industry is resilient and on the path to recovery after the challenges it encountered in 2020 and 2021. Despite limitations and temporary halts to non-essential construction jobs in some states, there are opportunities to bounce back. Our mission is to support and assist eligible construction businesses in their recovery journey.
How we’ve helped thousands of eligible businesses, including construction companies, claim the ERC:
Qualifying them for government shutdown orders
Determining eligibility under limited commerce
Outlining COVID’s impact beyond reduced revenue
With the ERC, your qualifying construction company could receive a refund to recover resources, increase revenue, and retain its best employees.
It's easy to get started and see if you are eligible for the ERC
Why is this? Originally, the ERC was not accessible for businesses that took part in PPP funding. This means that many employers took out PPP loans in 2020 but skipped the ERC.
However, the program has undergone expansion and under new rules, you can claim ERC and PPP. This was removed by Congress in the Consolidated Appropriations Act (CAA) of 2021.