The Employee Retention Credit (ERC) has been a lifeline for many businesses during the challenging times of the pandemic. However, scammers are now targeting this valuable relief program, putting businesses at risk. In this blog post, we will explore the tactics used by ERC scammers and provide guidance on how to protect yourself.

Scammers and Their Tactics:

ERC scammers are adept at exploiting vulnerabilities and manipulating unsuspecting businesses. They may pose as IRS representatives or tax professionals, reaching out via email, phone calls, or even social media. They employ various tactics, such as claiming to expedite ERC claims or offering services to maximize credit benefits. Remember, the IRS does not initiate contact through email or social media, nor does it charge fees for processing ERC claims.

How to Spot ERC Scammers:

To protect yourself from ERC scammers, it's crucial to be vigilant and knowledgeable. Here are some red flags to watch out for:

1. Unsolicited Contact: Be cautious of unsolicited emails, calls, or messages from individuals claiming to help with ERC claims.

2. Requests for Payment: The IRS does not charge fees for processing ERC claims. If someone asks for payment or personal financial information, it's likely a scam.

3. High-Pressure Tactics: Scammers often create a sense of urgency to push businesses into making hasty decisions. Take your time and verify the legitimacy of any communication.

4. Poor Communication Skills: Scammers may use broken English or exhibit unprofessional behavior. Official IRS representatives communicate clearly and professionally.