Oct 20, 2022
Employers with PPP loans can now claim ERTC tax credits as well, using an enhanced pandemic relief fund rebate program launched by LP Consulting LLC.
Monroe,United States - October 20, 2022 /NewsNetwork/ —
By the end of May 2021, approximately 11 million American-owned businesses had applied for Paycheck Protection Program (PPP) loans, making them ineligible for tax rebates through the Employee Retention Tax Credit (ERTC) program. Now, those employers can claim ERTC rebates using an improved rebate program launched by LP Consulting, and a team of ERTC specialist CPAs.
More information about claiming ERTC with PPP loans can be found at https://get26k.com
The recently updated rebate program takes advantage of amendments made in the Consolidated Appropriations Act that allow businesses to enroll in both pandemic relief programs, instead of just one. Using the rebate application, employers with between 5 and 500 W-2 employees can claim up to $26,000 per employee in tax rebates.
Unlike the funds available through the PPP, ERTC rebates are not a loan. These refundable tax credits are a reimbursement of payroll taxes already paid to the IRS. They never need to be repaid and have no restrictions on how they can be spent.
Employers can use an updated eligibility assessment on the company’s website to determine if they qualify for rebates, with no cost or obligation. The assessment tool asks 10 simple questions, takes approximately one minute to complete, and requires no proprietary business information. The assessment is available to all businesses with fewer than 500 employees, including startups and non-profit organizations.
Eligible businesses can receive assistance from a team of ERTC specialist CPAs to determine which fiscal quarters they qualify for, and how much they can claim. The CPA team will also help employers to complete the paperwork and will provide audit-proof documentation for every client.
To qualify for the program, a business must have been affected by the pandemic either financially, or through government orders. This may include a significant decrease in revenue, closing the business due to lockdowns, or operating at a reduced capacity.
The updated rebate program guarantees every business its maximum allowable rebate, with a time commitment of 15 minutes or less. It is available with no up-front fees and no risk. Any business that does not qualify for and receive a rebate, will not be charged.
More information about ERTC rebates, the updated rebate application, and the no-cost eligibility assessment, can be found at https://get26k.com
Contact Info:
Name: Leonard Palmer
Email: Send Email
Organization: LP Consulting LLC
Address: 3648 Gruber Rd, Monroe, Mi 48162, United States
Website: https://get26k.com/
Source: NewsNetwork
Release ID: 89083521
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