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Check Your ERTC Eligibility & Apply For Tax Rebates If You Took Out A PPP Loan

by PRC Agency PR
Check Your ERTC Eligibility & Apply For Tax Rebates If You Took Out A PPP Loan

Is your business still feeling the pinch of the pandemic? Have you claimed all the Federal aid you're entitled to? Keep your dream team together with a wages rebate courtesy of Your ERTC Solution!

Your ERTC Solution provides you with pre-qualification and application support solutions if your business has been adversely affected by government-ordered shutdowns. You likely qualify if any one of these three conditions are met: 1. Your business was subject to a government mandated lockdown - either full or partial; 2. Your business had a significant drop in revenue for any quarter in 2021 or for the year 2020 when compared to 2019; or 3. Your business was affected by suppliers that were subject to lockdowns or if supply chain issues were a factor. The company offers expertise in helping employers like you simplify the process of claiming financial aid via the IRS.

Money doesn't often come for free, so grab your chance with the ERTC. More details at Employee Retention Credit and PPP.

Previously, if you'd taken out PPP loans, it meant you were disqualified from applying for the tax credit. However, subsequent amendments to the program allow any private-sector business or tax-exempt organization that experienced a decline of 50% or more in gross receipts during 2020 or of 20% in any quarter of 2021 compared with the same quarter in 2019 to make a claim.

The ERTC was first rolled out as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act which was written into law by President Trump in March of 2020. This legislation injected $2.2 trillion into the US economy to shore up jobs and support businesses affected by public lockdowns.

At Your ERTC Solution, you can easily find out if you're eligible for aid by filling out a short form on the company website. You could now be able to claim back 70% of up to $10,000 in wages per employee for quarters 1 to 3 of 2021. Retroactive claims can also be made for 50% of wages, up to $5,000 per employee for 2020. That adds up to a potential $26,000 per W-2 employee - for both full- and part-time employees.

After the initial review of your application, you will be given access to a secure web portal where you can upload the necessary documentation which includes your 2019 Form W-3, your 2020 and 2021 raw payroll data, 941 returns, and PPP loan documents. The data is verified and then reviewed by two separate CPAs. Their results for amount of credit for which you qualify will then be compared. If they do not match down to the penny, they go back to find the discrepancy. Only when they both agree on the amount, is your file ready. The company will then help you prepare and file your amended 941-X payroll returns. After you file your amended return, you'll receive a check directly from the IRS. You will also benefit from audit-proof documentation for any future IRS inspections. If it is found that you do not qualify for this credit, you will owe nothing.

A satisfied client says, “To date, we have received almost $80,000 and we have more coming. I advise anyone to just reach out to see if it works for you also.”

Your ERTC Solution continues to help make claiming Federal financial aid swift and simple for businesses across the US.

Get your business back on track in the post-pandemic era. Find out more here:https://yourERTCsolution.com

If there's a pandemic-shaped hole in your finances, Your ERTC Solution can help you fix it!


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Created on Sep 27th 2022 04:06. Viewed 154 times.

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