With the 2024 deadline coming up, LLP Consulting has updated its claim assistance service for small businesses that want to find out if they’re eligible to receive the ERTC (Employee Retention Tax Credit).
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SMBs (small to medium-sized businesses) can now fill out a non-obligation form on LP Consulting's website in just 15 minutes. The CPA will assess if the business qualifies and how much of the ERTC funding it can receive per employee. The firm can also file the claim with the IRS upon request.
Those interested can find more information at: https://get26k.com/
The CARES Act, which the ERTC initiative is part of, was enacted in late March 2020 and is a $2 trillion economic stimulus package to support businesses during and in the aftermath of the pandemic. However, after four years, many business owners still don't know if they're eligible or how to claim the ERTC. With a quick and easy online questionnaire, LLP Consulting helps small businesses begin their claims process.
The deadline for claiming the ERTC has been extended on several occasions, with the IRS announcing a temporary break in fall 2023 to catch up with the 3,6 million claims, according to the US Chamber of Commerce. The current deadline for 2020 tax periods is set to the 15th of April, 2024. However, as the Chamber of Commerce says, the date could be accelerated, encouraging businesses to apply as soon as possible if they think that they are eligible.
Businesses can receive up to $5,000 per employee for 2020 and as much as $21,000 per employee for 2021 tax periods. As a specialist in ERTC, LP Consulting ensures compliance with regulations to maximize the claim. This funding can help businesses recover from financial hardship, especially industries like restaurants that were affected by restrictions.
There has been much confusion around ERTC eligibility, and many people believe they can't make a claim if they've received a PPP loan, for example. LP Consulting is highly knowledgeable on the subject and can clear out any misunderstandings, saying that many businesses might miss out on money they have the right to because they think that they don't qualify.
"We only specialize in maximizing Employee Retention Tax Credits for small business owners," said a company spokesperson. "You won't find us preparing income taxes, compiling financial statements, or providing attestation services of any kind."
For additional details, please visit: 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: 89119390
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