Riverline Tax Solutions a business consultancy that caters to SMEs, launches its upgraded ERTC preparation service. The business helps businesses determine their eligibility for the ERTC payroll tax credit program.
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Riverline Tax has announced this updated service to help small businesses qualify for the Employee Retention Tax Credit (ERTC), which can be up to $26,000 per worker. This benefit is effectively a reward for businesses that did not lay off staff during the pandemic despite the economic turmoil.
More information about Riverline Tax Solutions is available at https://ertc.riverlinetax.com
Entrepreneurs can take advantage of this upgraded service even if they have filed their 2020 and 2021 federal payroll taxes. Riverline Tax will file the necessary amended Forms to reflect any tax credits received.
The US Bureau of Labor Statistics found that over 16 million people lost their jobs in 2020 alone. Nevertheless, many businesses decided to retain employees, understanding the cascading effect of layoffs and the economic hardships associated with unemployment.
ERTC benefits provide business owners with much-needed cash flow so they can recover faster from the downturn. Since the tax credits are part of the CARES Act of 2020, they are fully funded and do not have to be repaid.
Enterprises that saw their revenue decline by 50% in 2020 and 20% in 2021 are eligible to apply for ERTC. Startup companies that earned gross receipts of less than $1 million can also qualify.
Entrepreneurs can apply for their ERTC benefit via Riverline Tax Solutions’ website. If approved, the IRS will issue a check to the business owner.
About Riverline Tax Solutions
Riverline Tax Solutions is a leading accounting firm that specializes in tax benefits and cash flow optimization. Its team includes CPAs who are familiar with new tax laws implemented during the pandemic. The company uses online platforms to streamline the application process and fast-track the receipt of benefits.
A satisfied client shared this positive review: “I am forever grateful to Riverline Tax Solutions. They’re more than just a team of CPAs — they’re my financial therapists. The company has changed the way I think about money and has been instrumental in the growth of my business. I would strongly recommend its services to anyone who wants to take their business to another level.”
Interested parties may visit https://ertc.riverlinetax.com if they wish to learn more about the company and the ERTC program.
Contact Info:
Name: Zeeshan Khaliq
Email: Send Email
Organization: Riverline Tax Solutions, LLC
Address: 8951 Cypress Waters Blvd, Suite 160, Coppell, TX 75019, United States
Website: https://riverlinetax.com/
Release ID: 89082931
