MILWAUKEE, Wis. – Noting that tax credits are among the most complex areas of the tax code and have gone through significant updates since the start of the pandemic, the CUSO InterLutions said it has launched a partnership with Innovation Refunds (ERC), a provider of Employee Retention Credit solutions, to better understand the complexities of qualifying and filing for ERC.
“It is critical for credit unions and their business members to find a trusted professional in the ERC space who acts with integrity and discipline,” stated Jesse Kohl, president of InterLutions. “With so much misinformation surrounding ERC, our CUSO believed it was necessary to partner with an entity that has amassed a network of independent tax attorneys to navigate the tax code and help employers accurately submit fully compliant claims and refunds.”
Through the new partnership, the CUSO said both credit unions and their business members will now have additional resources from independent advisors who are not incentivized to push employers to qualify and file for tax credits.
Help With the Process
“If we determine that a credit union does not qualify for ERC, or if a credit union has already previously filed for ERC, they can still deliver a valuable and turn-key ERC consulting solution to their business members that need help with the qualification and filing process,” Kohl stated.
InterLutions explained the ERC is a refundable tax credit that provides eligible small and medium-sized employers with a significant refund.
“We are excited to partner with InterLutions to help their member credit unions and small businesses unlock capital through our ERC services,” said Howard Makler, CEO and founder of Innovation Refunds. “InterLutions truly understands the needs of their members and their members’ clients.”
Webinar to be Hosted
Added Kohl, “An objective ERC analysis with no up-front fees is the right approach for our industry.”
InterLutions said it will host a free introductory webinar on July 18 at 12:00 a.m. ET by registering here.
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