Donna Bordeaux of Calculated Moves reports that Employee Retention Credit refunds for 2020 are taking about seven to eight months to arrive. If you filed an amended 941 return in March 2021, expect your refund around now. Her team pulls IRS transcripts to track progress for clients.
If you've been waiting a long time for your employee retention credit for 2020, things are starting to move a little bit depending on when you filed. We initially filed amended returns for 941s in March of 2021, and we are just starting to few of those refunds get issued, so it's taking probably about seven to eight months to see those refunds come about. To give you a little guideline, if you're still waiting to if you haven't applied for your refund and you think you're eligible for the employee retention credit, I'd be happy to talk with you and see if we can help you get in the lineup to get your refund processed. We have a little more information now and the rules have changed slightly, but but we'd be happy to help you get those in play. And for those of you who are still waiting, check when you filed and add about eight months to that and that's when you can expect it. We pull transcripts routinely for our clients to make sure that we see those returns being processed or at least recorded that they were received. And we are now starting to see some movement. So watch for checks in the mail, folks. I'm Donna Bordeaux from Calculated Moves. Please follow us on Facebook, Instagram and LinkedIn. Make sure you check out our blog and our website through the link below. Subscribe to our YouTube channel and hit the bell to be notified when we post. Contact me. Email me@donnaalculatedmoves.com Sam It.
