The most strategic way to claim your ERTC
Recover $26,000 for every W2 employee you kept during Covid-19.
This is a tax credit, not a loan, and Skywood is here to ensure you claim the full amount you’re owed.
Attorney-Led
Determinations
Accountant-Backed
Due Diligence
No Fee Unless
Determined Eligible
Don’t just file
File correctly.
The Employee Retention Tax Credit is as intricate as it is lucrative.
Overclaim, and you risk penalties.
Underclaim, and you leave money on the table.
Don’t get caught in an audit later on.
Bring on Skywood’s attorney-led, accountant-backed team. We’ve learnt to navigate the complex and ever-changing tax laws surrounding the ERTC – ensuring you get your claim just right, and recover everything owed for keeping your team on through Covid.
Here’s how we’ll work with you
1. Request a free consultation
Simply complete the form at the top of this page. An expert will be in touch within 24 hours to answer any questions you might have and determine if you’re eligible.
2. Discovery and due diligence
Our legal and accounting departments will review your details, pairing our knowledge, acumen, and skills with a meticulous attention to detail.
3. Request a free consultation
Simply complete the form at the top of this page. An expert will be in touch within 24 hours to answer any questions you might have and determine if you’re eligible.
4. Funding – Fast
Once you give the go ahead, we’ll finalize your application and all other necessary paperwork for you to submit to the IRS.
A solid track record of success
Leadership that’s got your back
Work with true professionals who understand the nuanced laws of the ERTC program backwards and forwards.
Yoni Klestzick
CEO
Daniel Machlis
Partner
Ari Elefant
Partner
Jada Campbell
Accounting
Chaim Shor
Sales
Aaron Leibovitz
Account manager
Jonathan Gray
Accounting
Nickel Taylor
Accounting
Norman Gamss
Legal
Max Schwartz
Credit Coordinator
Jordan Snyder
Business Development
Yisroel Ganz
Business development
Debra Messing
Accounting
Is your company eligible for the ERTC?
Let’s determine that together.
What is the Employee Retention Credit?
The Employee Retention Credit is a fully refundable tax credit for qualified wages (including allocable qualified health plan expenses) that Eligible Employers pay their employees.
What are “qualified health plan expenses”?
Qualified health plan expenses are amounts paid or incurred by an Eligible Employer that are properly allocable to employees’ qualified wages to provide and maintain a group health plan, but only to the extent that these amounts are excluded from the employees’ gross income.
May an Eligible Employer receive both the tax credit for qualified leave wages under the FFCRA and the Employee Retention Credit under the CARES Act?
Yes, but not for the same wages. The amount of qualified wages for which an Eligible Employer may claim the Employee Retention Credit does not include the amount of qualified sick and family leave wages for which the employer receives tax credits under the FFCRA.
Who is an Eligible Employer?
Eligible Employers for the purposes of the Employee Retention Credit are employers that carry on a trade or business during calendar year 2020, including tax-exempt organizations, that either: (1) Fully or partially suspend operation during any calendar quarter in 2020 due to orders from an appropriate governmental authority limiting commerce, travel, or group meetings (for commercial, social, religious, or other purposes) due to COVID-19; or (2) Experience a significant decline in gross receipts during the calendar quarter; or (3) began operations after February 14th 2020.
Against what employment taxes does the Employee Retention Credit apply?
The credit is allowed against the employer’s share of social security taxes under section 3111(a) of the Internal Revenue Code (the “Code”), and the portion of taxes imposed on railroad employers under section 3221(a) of the Railroad Retirement Tax Act (RRTA) that corresponds to the social security taxes under section 3111(a) of the Code.
How much money can I receive per employee?
For 2020 the max is $5,000 per employee. For 2021, the maximum is $21,000 per employee.
When is the operation of a trade or business partially suspended for the purposes of the Employee Retention Credit?
The operation of a trade or business is partially suspended if an appropriate governmental authority imposes restrictions on the employer’s operations by limiting commerce, travel, or group meetings (for commercial, social, religious, or other purposes) due to COVID-19 such that the employer can still continue some, but not all of its typical operations.
Can I receive both PPP and ERTC?
Yes, but not for the same wages. In other words, you cannot claim for the same period of time, both PPP forgiveness and ERTC.
Are Eligible Employers required to withhold federal employment taxes on qualified wages paid to employees?
Yes. Qualified wages are wages subject to withholding of federal income tax and both the employer’s and employee’s shares of social security and Medicare taxes. Qualified wages are also considered wages for purposes of other benefits that the employer provides, such as contributions to 401(k) plans.
Maximize your claim.
Minimize your exposure.
Bring on the Skywood team
Help your clients successfully claim the ERTC
Over 50% of businesses still haven’t claimed their ERC. Either because they don’t think they’re eligible, or because the laws and compliance regulations surrounding the credit are simply too complicated to navigate independently.
A Reliably Compliant Referral
Refer Skywood Services with the confidence that your clients are in capable hands.
We minimize exposure by preparing claims that are thoroughly researched, fully compliant, and well documented for future reference.
Invaluable Service
Your clients deserve to take advantage of this valuable program (without being taken advantage of). Our pricing is clear, fair, and we only charge a fee if your client is eligible.
Team up and offer your clients a service they’ll thank you for.
Cobranding Service Available
We’re happy to be the support system, working hand in hand as needed to help your clients recover the credit they deserve.
Reach out to learn more about our cobranding service.