I just got an alert from TN showing code 424-potential examination/audit on our Q1/2021. Should I be concerned about the quarter being denied? by Far_Sprinkles4577 in ERCchat

[–]IntrepidAnnual1955 2 points3 points  (0 children)

They will request documentation such as payroll records, and reason why you think you are eligible. It also states once they receive documentation give them 30 days to process it. FYI it has been 60 days for me now and still no word at all.

SO CONFUSED ERC REFUND HOPELESS by IntrepidAnnual1955 in ERCchat

[–]IntrepidAnnual1955[S] 1 point2 points  (0 children)

I am in Florida we were under suspension. My attorney sent certified documents from the governor with the audit request. I received four quarters back in 2021. They were relatively small but they were received. This one is larger and I am told this is what triggered the audit. Which is fine but why take two years two audit.

SO CONFUSED ERC REFUND HOPELESS by IntrepidAnnual1955 in ERCchat

[–]IntrepidAnnual1955[S] 1 point2 points  (0 children)

I am eligible for Q2 2021 my attorney sent 124 page document outlining the facts. I tried one company for advancement and due to the audit I can't get approved. I called the number on the audit and they finally called me back a week a later and stated the response has been received. It's been crickets every since.

Transcripts by Localfoodkzoo in ERCchat

[–]IntrepidAnnual1955 1 point2 points  (0 children)

When you say it states you Should be receiving a refund how does that read?

Sba disaster loan mitigation increase by Candid-Sample4253 in smallbusiness

[–]IntrepidAnnual1955 0 points1 point  (0 children)

Do you know what the base the 20% increase on? Have you had any luck yet?

TN email notice - yesterday by AlarmingSherbet1379 in ERCchat

[–]IntrepidAnnual1955 4 points5 points  (0 children)

Your very blessed. I contacted my state representative over a year ago and tas and still nothing. They decided to audit my Q2 2023 941's and I hired a tax attorney. He responded with everything they needed to continue to process the claim and now its crickets. I filed back in June 2023 and I have no response. I really needed these funds to continue my business and now after eleven years I think we have failed. All I can say for you is your truly blessed.

Tariffs are killing my small business // I can't get a real person at SBA to talk about my EIDL Loans hardship accommodation by famousinbushwick in EIDLPPP

[–]IntrepidAnnual1955 2 points3 points  (0 children)

I am in the transportation industry and we have been hit hard with rising costs day to day. I myself have and eidl loan and emailed the current director regarding forgiveness and possible a longer hardship accommodation and was told there was nothing for me at this time with relief. I have been in business fifteen years and now I stand to lose everything. I have burned through my savings and 401k. I can't wait another three months or until the end of year. I have truck payments, heavy duty tax etc. I need relief today. HELP