ERTC claims specialist ERTC Business Payments has launched tax credit claim assistance to help business owners receive the highest IRS payout possible. The firm’s online application helps businesses assess their eligibility to receive ERC tax credits.
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ERTC Business Payments, a firm specializing in the Employee Retention Tax Credit services, has launched an eligibility assessment and claim handling service to help business owners receive government funds earmarked for businesses that kept Americans employed during the pandemic.
More details can be found at https://ertc-businesspayments.com/apply
Announcing the launch of the eligibility assessment for small businesses, ERTC Business Payments seeks to expand access for small business owners who may be eligible but have not claimed their tax credit.
The Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed on March 27, 2020. It included two programs to assist businesses with keeping workers employed: the Payroll Protection Program (PPP) administered by the Small Business Administration, and the Employee Retention Tax Credit (ERTC) administered by the Internal Revenue Service.
Initially, with the CARES Act, employers could choose to apply for PPP or claim ERTC credits, but not both. However, on March 11, 2021, The American Rescue Plan Act of 2021 was passed and included many modifications and expansions to existing elements of previous stimulus programs. ERTC Business Payments works closely with qualifying applicants to help them maximize their IRS payout.
With this passage, business owners can claim ERTC even if PPP was collected. There is no repayment of the ERTC because it is not a loan. The IRS pays up to $26,000 per W-2 employed in the years 2020 and 2021.
The assessment form requires several data points including the type of industry, operational status during full or partial lockdowns, and an estimate of the number of W-2s issued in 2020 and 2021.
For more information, visit https://youtu.be/7pHQ4m1UOsQ
Because ERTC tax credits are credits or refunds for a percentage of payroll in each quarter, there are specific rules for determining eligibility by quarter. As a result, there is a limit on the dollars that can be claimed for each employee. ERTC Business Payments helps clients present an accurate claim, reviews all paperwork, and handles the filing of their Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund (Form 941-X).
ERTC Business Payments is a CPA firm specializing in ERTC credits that supports clients through every stage of the claim process and produces IRS audit-ready documentation supporting a business owner’s claim.
According to a spokesperson for the firm, “By answering a few, simple, non-invasive questions our team of ERTC experts can determine if you likely qualify for a no-strings-attached tax credit. There is no cost or obligation to be pre-qualified.”
More information can be found by visiting https://youtu.be/7tT8m_yeC68
Contact Info:
Name: Steve Packer
Email: Send Email
Organization: ERTC Business Payments
Address: 2A Hind Street, Ottery St Mary, Devon EX11 1BW, United Kingdom
Website: http://www.ertc-businesspayments.com
Release ID: 89079288
