Small to medium-sized businesses can get their ERC tax credits maximized with a new application process launched by Federal Tax Credits Organization and a team of ERC specialist CPAs.
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The Employee Retention Tax Credit (ERTC) program, created with the CARES Act of 2020, has become one of the largest relief programs ever funded by the US government after several amendments have increased the eligibility and maximum amount claimable per employer. A new application process launched by Federal Tax Credit Organization helps employers to maximize their rebates, up to $26,000 per employee.
For more information about ERTC rebates or to begin a claim, please visit https://federaltaxcredits.org
When the ERTC program was first created, employers could claim up to $5,000 per employee. In 2021, the program was extended, with the maximum reaching $7,000 per employee, per quarter. The new fast application process guarantees the maximum rebate for each claim and includes audit-proof documentation prepared by ERTC specialist CPAs for each client.
While the maximum claimable amount was increased, the amendments also expanded the eligibility to include businesses with up to 500 full-time employees on average, as well as startups and non-profits. New businesses founded during the pandemic are also eligible, under a special category known as Recovery Startup Businesses.
Companies that have already enrolled in the Paycheck Protection Program (PPP) can also claim tax credits using the new fast application. While the PPP and the ERTC were created at the same time, and for the same purpose, they provide funding in unique ways.
The PPP offers small business owners forgivable loans, with restrictions on how the funds can be spent. In contrast, the ERTC provides tax credits, which are a one-time payout. They do not need to be repaid and come with no restrictions on how they can be spent.
To begin a claim, employers can take a no-cost, no-obligation eligibility assessment, which includes 10 simple questions and requires no proprietary business information. Eligible employers will receive a link through their email to a secure server, where they can complete their claims using the 15 Minute Refund program.
This program is only available through a single firm or ERTC specialist CPAs and guarantees the maximum rebate for a minimum time commitment. There is no cost to any company that does not qualify for a rebate and complete its claim.
For more information about the 15 Minute Refund program, or to take the eligibility assessment, please visit https://federaltaxcredits.org
Contact Info:
Name: Paul Kohn
Email: Send Email
Organization: Federal Tax Credits Organization
Address: 1315 W E Pl., La Center, WA 98629, United States
Phone: +1-360-524-2161
Website: https://federaltaxcredits.org/
Release ID: 89075942
