Updates to the ERTC program have expanded the eligibility to include businesses and non-profits that have already received PPP loans, and tax credits can be claimed using a fast rebate service launched by ERTC specialists ‘BusinessRebate US’.
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The Employee Retention Tax Credit (ERTC) program has been amended to allow more employers access to pandemic relief funds, which can be claimed using an optimized application process launched by BusinessRebate US.
More information about amendments to the ERTC program, and how to begin a claim, can be found at https://businessrebateus.com
When the federal government first created the ERTC and Paycheck Protection Program (PPP), employers could enroll in one program or the other, but recent amendments have eliminated that regulation, allowing companies to benefit from both programs. The new fast rebate service from BusinessRebate US can help these employers to maximize their ERTC tax rebates, regardless of if they have received a PPP loan.
The ERTC differs from the PPP by providing a one-time payout instead of small loans. ERTC rebates have no restrictions on how they can be spent and never need to be repaid.
The new service takes into account the latest updates to the ERTC. In addition to expanding the eligibility requirements for the ERTC program, the maximum amount that employers are able to claim has also been increased, from $5,000 per employee, per quarter, to $7,000 per employee, per quarter. Companies that kept W-2 employees on the payroll throughout the pandemic may be eligible for up to $26,000 per employee in rebates.
To qualify for rebates, a company must have between 2 and 500 W-2 employees on average and have been affected by the pandemic in at least one of several ways. This can include suffering significant financial losses compared to the same fiscal quarter of the previous year, or having to close the business due to government orders, such as a lockdown.
Businesses that remained open but had to operate at a reduced capacity may also be eligible for rebates through the ERTC program. Examples include companies that suffered shortages due to supply chain issues and stores or restaurants that were forced to limit their indoor customer capacity.
A no-obligation eligibility assessment tool can be found on the BusinessRebate US website, which will help employers to determine if they qualify for a rebate. To complete the assessment, they will be asked 10 simple questions. The assessment does not require any proprietary business information and can be completed in approximately one minute.
Details about the fast rebate service and the no-cost eligibility assessment can be found at https://businessrebateus.com
Contact Info:
Name: P Bakker
Email: Send Email
Organization: BusinessRebate US
Address: 1201 Fairgrounds Rd, Jefferson City, Minnisouri Jefferson City, United States
Website: https://businessrebateus.com/
Release ID: 89078222
