ERC - 941X

[ILLMAS]

I have a question regarding the amendment of business and personal tax returns due to the Employee Retention Credit (ERC). Specifically, I’m wondering if companies that handle ERC filings typically provide clients with copies of Form 941-X, or if it is the client’s responsibility to prepare and submit these forms for amendments.

Thanks

 

[Medlin Software, Dennis]

I doubt the pay-to-play services take on or get the ability to file the forms directly. At "best", and I use that term loosely, they provide a form or figures for the employer to use.

[Patrick Michael]

I freelanced for a CPA firm and helped with several ERC claims. We would analyze to ensure they are qualified and provide the client with a detailed report with the numbers.  The payroll provider would have a form to fill out and file the 941X and either give a copy to the client or make it available on their website.

[Terry D EA]

It greatly depends who is your client's payroll processor. If the processor is running your client through a PEO, and if they processed the ERC, then they most likely will not provide a 941. I tried repeatedly to get a copy of the 941X for one of my client's from PayChex. All we ever received was the spreadsheet with their ERC calculations. Another suggestion is to obtain POA to look at the transcripts. But, if a PEO is involved you won't see it. If no PEO, you should see the 941X if it was filed. If nothing has been filed, it is the client's responsibility to file the 941X.

I second what Patrick said. You should probably run the analysis yourself to verify the figures before amending anything.