Wemaybedonewith lockdowns,reducedstore capacities,andtemporary closures-butitwillbealong timebeforemanybusinesses recoverfully.
Oneofthebesttoolstohelp getyourcompanybackonits feetistheERTC-andit'snot toolatetoclaimyourtax credits.
RetentionTaxDivisionhas partneredwithaspecialistCPAfirm tohelpbusinessesownedby womenandminoritiestoclaimtheir EmployeeRetentionTaxCredits (ERTC)beforetheprogram’s fundingrunsout.
Youcanusetheirnew15Minute Refundprogramtogethelpfrom atopCPAfirm,whichwill guaranteeyouthemaximum allowablerebate,witha minimumtimecommitment.
Whileindividualrebateswill vary,eligiblecompaniescan claimupto$26,000per employee.
TheERTCprogramwascreated atthesametimeasthemore popularPaycheckProtection Program,butithasbeen amendedseveraltimestothe benefitofbusinessowners.
Theeligibilitycriteriahavebeen expandedtoincludecompanies thathavealreadyreceivedaloan throughthePPP,andthetotal amountyoucanclaimhasbeen increased.
UnlikethePPP,itisstillpossibleto claimfundsthroughtheERTC program,whichprovidestaxcredits ratherthanloans.Thesetaxcredits neverneedtoberepaidandhaveno restrictionsonhowtheycanbe spent.
RetentionTaxDivisionhasa no-cost,no-obligationeligibility assessmentthatyoucanuse todetermineifyourcompanyis eligibleforrebates.
Theentireassessmentcan becompletedinoneminute, anditrequiresnoproprietary businessinformation.
