A simplified ERTC application program launched by NuWay Business Solutions is helping employers to claim up to $26,000 per employee in tax credits, with a time commitment of 15 minutes or less.
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When the Employee Retention Tax Credit (ERTC) program was created, it was relatively straightforward, and employers could apply for tax credits without having to be a specialist. By 2022, the ERTC program had been amended several times, making the entire process more complicated, and leading NuWay Business Solutions to partner with a team of ERTC specialist CPAs to launch a new, fast, and simple application process.
To get help with ERTC rebate claims from specialist CPAs, please visit https://localertcfundingexperts.com
To help employers claim their rebates before funding for the ERTC program runs out, NuWay Business Solutions has a 15 Minute Refund program that connects business owners with specialist CPAs who can calculate their rebates in minutes. The new program guarantees each employer their maximum allowable rebate and includes audit-proof documentation.
While the repeated amendments to the ERTC program have made it more difficult for employers to complete the required paperwork, or calculate their own rebates, they have been beneficial to small business owners in other ways. Companies with up to 500 full-time employees are now eligible for rebates, as well as non-profit organizations and startups.
There is also a special category for Recovery Startup Businesses, which includes any company founded after February 15, 2020. These businesses may qualify for up to $100,000 in rebates if they have at least one employee who is not a family member or 50% owner, and gross receipts totaling less than $1 million.
Employers who have already received a PPP loan are also eligible for ERC tax credits, after amendments included in the Consolidated Appropriations Act. Unlike the PPP, these tax credits come with no restrictions on how they can be spent, and do not need to be repaid.
In 2021, the maximum amount employers could claim per employee was also increased, from $5,000 to $7,000 per fiscal quarter. Companies that kept staff on the payroll throughout the duration of the ERTC program may now be eligible for up to $26,000 in tax credits, per employee.
To begin a claim, employers can take a no-cost, no-obligation eligibility test on the NuWay Business Solutions website, to find out if they qualify. Eligible employers will receive a link to a secure server where they can complete their claim in 15 minutes or less, with the help of their ERTC specialist CPAs.
To learn more about ERTC rebates or the 15 Minute Refund program, please visit https://localertcfundingexperts.com
Contact Info:
Name: Brian Pawl
Email: Send Email
Organization: NuWay Business Solutions
Address: 874 W Kenilworth Ave, Palatine, IL 60067, United States
Phone: +1-312-752-4355
Website: https://nuwaybizsolutions.com/
Release ID: 89075974
