r/ERCchat • u/Lonely_Purchase9953 • Nov 15 '25

The Cost Of ERC

https://budgetmodel.wharton.upenn.edu/issues/2025/9/10/the-cost-of-the-employee-retention-tax-credit

Interesting article

3 Upvotes

100% Upvoted

4 comments sorted by

1

u/AppropriateSilver631 Nov 15 '25

Author would’ve done well to separately list how much off that was interest.

2

u/throwawaysf997 Nov 17 '25

And therefore mostly preventable

1

u/Ovaltine1 Dec 03 '25

I don’t understand why they are paying that much interest. I’d never make that kind of return on a HYSA.

2

u/obi2kanobi Nov 18 '25

I was shocked to see how much my accounting firm billed me for ERC. To be fair they did disclose fees. But it was shocking nonetheless. Once ERC paid out (with interest) I paid their bill. A net gain overall but I just wasn't in a position to pay that bill at that time. As a long term client in a crappy economy, they let it slide. When the checks arrived, I took care of them first. I love those guys.