The cost of ERC preparation and filing services can vary depending on several factors.
One of the main factors is the size of your business, specifically the number of employees you have. Other factors that can affect the cost include the complexity of the filing and the level of service provided by the firm.
Generally, ERC advisory firms will charge a percentage of the tax credit recovered for your business. The fee varies depending on the number of employees and complexity of filling, but on average it’s 15% to 25%, but some may charge up to 30%.
It’s important to note that while these fees may seem high, the amount of the ERC tax credit can be substantial, and using an experienced ERC advisor to claim it correctly, can save your business a significant amount of money.
- ERC Advisors Reviews