What is a Utility Bill Audit?
A utility bill audit is the review of an organization’s utility and service invoices to identify billing errors, refund opportunities and cost reduction potential for future savings. This is separate from a physical audit which seeks to minimize spending through an investment in improved efficiency.
What Businesses Should Know
Errors are common. Unbeknownst to many organizations, a vast majority of service billing statements contain errors. Over the course of months and years, these minor billing errors can add up to substantial sums, costing an organization thousands of dollars.
Utility Bill Audits are industry agnostic!
Schools, Hospitals, Manufacturing facilities, Colleges, Universities, Cities, Townships, Counties, Franchises like Home Depot, Walgreens, AMC Theaters and all the others are prime candidates for a utility bill audit.
Utility Bill Audits fall outside the scope of a company’s normal CPA or bookkeeping function.
We employ specialized auditors that focus on specific areas in specific regions of the country that have access to rate codes, tariff information and other financial data that companies do not have. We work collaboratively with the CPA, CFO, bookkeeper or other financial person to recover and save the most money for the company.
Employee Retention Tax Credit (ERTC)
2020 / 2021
Plenty of Credits Still Available to Qualifying Businesses!
Get a check for up to $26,000 per employee from the IRS / US Treasury
What is ERTC?
The Employee Retention Tax Credit is a fully refundable tax credit for employers equaling up to 50% of qualified wages (including allocated qualified health plan expenses) paid to your employees in 2020 and up to 70% in 2021. Up to $26,000 per employee.
ERTC is not a PPP loan.
PPP is a different government program. Regardless of whether you took a PPP loan or not you still can qualify for ERTC.
If you’re a Michigan business you qualify automatically because Michigan was impacted by both a partial and full shutdown during the Covid-19 pandemic.
Pizza Shop Owner in West Branch, MI received over $300,000. IRS notice and checks above.
To start the process simply go to: our company site after becoming an referral partner and click the Free Qualification Check tab, submit your name and contact info, answer 4 quick questions, enter “CEO” into the agent field and one of our staff will reach out to you within 24-48 hrs with information on how to recover your tax credit.
FAQ: Can I just have my CPA file? Why would I use ERTC Specialists? Of course. The challenge is the ERTC is based on your payroll returns and not through your business income tax returns, which is what most CPA’s handle. Because of this, most CPA’s don’t process this credit unless they process your payroll in house. This is also a big reason this credit is so underutilized. Interestingly, we a large portion of our clients referred by CPA’s.