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Non-Profit Employee Retention Tax Credit 2022 | Churches & Schools Application

by PRC Agency PR
Non-Profit Employee Retention Tax Credit 2022 | Churches & Schools Application

Just last week while I was working at a small ice cream shop, a silverback gorilla walked through the door, bold as you please, and ordered a hot fudge sundae.

I was a little surprised, to say the least, but I really need the business, so I got him the sundae, and after he had eaten it, brought over the bill.

Unable to help myself, I commented, "You know, we don't get a lot of gorillas in here..."

He replied, "I'm not surprised when you charge $15 for a sundae."

Now, obviously I'm joking, because we all know gorillas prefer banana splits, but there is a point to this story.

The last few years have been tough, really tough, especially for small businesses. But your company could be in for a treat, because you could be eligible for up to $26,000 per employee in tax credits, and not even know it.

When the pandemic started closing businesses in 2020, the federal government created several pandemic relief programs to help you stay afloat. Restaurants, hair salons, gyms, and other companies affected by closures or reduced revenue can still make a claim using the Employee Retention Tax Credit (ERTC), with a fast application from Claim ERTC Online.

Visit https://claimertconline.com to take a free eligibility test, and find out how much your company can claim.

Though the ERTC program ended in September 2021, the deadline for claims has not passed yet. Claim ERTC Online has a fast application process that helps you complete and file the paperwork with a total time commitment of 15 minutes or less.

Many employers who qualify for rebates are unaware that they are eligible for tax credits because the program has gone through several changes that expanded the allowable businesses. Among those changes was an increase in the maximum size your business could be while still qualifying, raising the limit from 100 to 500 full-time employees on average.

The program is also open to startups and non-profit organizations, such as churches, hospitals, schools, and performing arts centers, as long as they meet the standard requirements. To qualify, you must have suffered either a partial or complete shutdown due to government orders, such as a lockdown, or had significant revenue declines compared to the previous year.

Businesses that were founded during the pandemic, specifically after February 15, 2020, may also be eligible for tax credits under a special category known as Recovery Startup Businesses. These companies must have one or more employees who are not family members or 50% owners and have gross receipts of less than $1 million. They may be eligible for as much as $100,000 in rebates.

Employers that have already enrolled in the Paycheck Protection Program (PPP) are also now eligible for ERTC, after amendments made with the passing of the Consolidated Appropriations Act of 2021. Unlike the PPP which offered loans, ERTC funds do not have to be repaid and have no restrictions on how they can be spent.

Claim ERTC Online has partnered with a firm of ERTC specialist CPAs to offer you a 15 Minute Refund program that guarantees you the maximum allowable rebate with a minimal time commitment.

Times may be tough, but you don't need to raise your prices, close your doors, or start selling to wildlife. Take a free eligibility test instead, and find out if you qualify for tax credits.

Visit https://claimertconline.com to learn more about the 15 Minute Refund program, or to take a free eligibility test.


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Created on Jun 2nd 2022 02:17. Viewed 153 times.

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