A new website, ERTCcredit.net, launched to help business owners cut through the complicated red tape and begin their ERTC tax credit claim in only 15 minutes. It is also useful for those having difficulties determining their eligibility for the Covid-19 Employee Retention Tax Credit and maximizing their refundable claims.
More detailed information is available at: http://ertccredit.net/
The website is geared toward business owners who suffered loss of revenue or were otherwise negatively impacted by Covid-19 and related measures such as lockdowns. Depending on eligibility, businesses can potentially get up to $5,000 per employee for 2020 and $21,000 per employee for 2021 retroactively. There are no restrictions on where to spend the funds once received.
– ERTC is funded by the CARES Act: Originally created to encourage businesses to keep employees on the payroll as they navigate the unprecedented effects of Covid-19.
– Up to $26,000 per w-2 employee: Both full time and part time employees qualify.
ERTCcredit.net features 10 simple non-invasive questions that can help business owners find out their eligibility and estimated rebate amount.
The ERTC tax credit was created by the US government in an effort to help the local businesses that suffered during the pandemic, yet unfortunately, many expect that billions of dollars will still go unclaimed because not many business owners know about it or find the process too complicated.
Founder at ERTCcredit.net said: “While many simply don’t know that they are eligible for the ERTC under the new modified qualification rules, others jump to the conclusion that they must be ineligible because they received PPP loan. However, you can still qualify for ERTC even if you received PPP. And unlike PPP, ERTC is not a loan that you must repay or ask for forgiveness. It is a tax credit, which means it is something owed to you. It’s just a matter of having to figure out how much they owe you and asking for it.”
Business owners and anybody interested in finding out about Employee Retention Tax Credit can get more information at: http://ertccredit.net/
211 Blackburn Dr
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Ahmedabad Local journalist was involved in the writing and production of this article.