The newly expanded services include an easy application process and an expert determination of a client’s eligibility for Employee Retention Tax Credit (ERTC). Under the program, the IRS can pay up to $26,000 per W-2 employee. The application turnaround is around 48-72 hours.
More information about the application process can be found at: https://ertc-businesspayments.com/apply
With this announcement, ERTC Business Payments continues to offer its expertise to businesses looking to claim ERTC refunds for 2020 and 2021. Because the ERTC is a payroll tax credit, it is reported through Form 941 and the revised Form 941-X.
ERTC is funded by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and was established to compensate businesses who retained employees during the pandemic. The program is distinct from first-draw and second-draw PPP loans. ERTC credits equal up to 50% of wages and health plan expenses paid between March 12, 2020, and before January 1, 2021.
The eligibility check process on the ERTC Business Payments begins with a questionnaire emailed via a secure link that can then be completed online. The applicant then needs to upload their Form 941, PPP loan documents, and payroll data via the secure portal. The credit due is then calculated and following a successful eligibility check, the applicant will receive a cheque from the IRS.
The firm helps clients meet the 2020 and 2021 deadlines and claims no upfront fees, and offers IRS audit-ready documentation. Visit https://youtu.be/t2_rrhIm3Go for more information.
A staff member has said: “ERTC Business Payments only specialize in maximizing Employee Retention Tax Credits for small business owners. According to a spokesperson for the firm, “We only specialize in maximizing Employee Retention Tax Credits for small business owners. You won’t find us preparing income taxes, compiling financial statements, or providing attestation services of any kind. When you engage us, rest assured that you’ve hired the best CPA Firm to lock in this one-time opportunity for a large refund check from the IRS.”
Full details about ERTC Business Payments and the application process can be found here: https://youtu.be/PZLnKQn2TgI
ERTC Business Payments
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