Applying For Employee Retention Tax Credit Made Simple By Easy ERTC Tax Credit Website
July 19, 2022 at 16:09
Easy ERTC Tax Credit is urging small business owners all over the country to get familiar with the untapped source of funds offered by the government’s Employee Retention Tax Credit 2021 (ERTC) program.
A spokesperson for Easy ERTC Tax Credit talks about the ERTC 2021 program by saying, “Launched alongside the much more popular Payroll Protection Program (PPP), the ERTC program went unnoticed for a couple of reasons. First, banks and Certified Public Accountants (CPAs) were not incentivized to talk about them. For bankers and other professionals providing financial assistance during the COVID pandemic, talking about a business’s employment tax compliance was a liability and not all providers were equipped with personnel who knew enough about the topic. Second, bankers were paid administrative fees for the PPP loans they provided. The same consideration was not extended for ERTC credit claims. This caused bankers and CPAs to be further unmotivated to provide that service. So, if you are running a small business, it is unlikely that you had guidance from professionals who knew the right way to maximize the funds that you should rightfully receive. Thankfully, Easy ERTC Tax Credit has the expertise to help you make proper use of these government funds to speed up the recovery of your pandemic-affected business. Please visit the link provided to find out more about how we can help you take advantage of the employee retention tax credit.”
The company’s process to let small business owners apply for employee retention credit is streamlined and easy to understand. To begin the claim, affected business owners need to fill out a contact form on its website that asks for details such as their business name, their contact details, the type of business or industry they are in, how many W-2s were issued in 2019, 2020 and 2021, and whether they operated under a full or partial shutdown order during the pandemic. Once Easy ERTC Tax Credit has these preliminary details, the applicant is required to fill in an employee retention credit 2021 application that asks 10 simple questions about the business. The company will email the applicant a secure link to the questionnaire to be completed online. Applicants are then required to upload data such as their 941 returns, PPP loan documents, and raw payroll data on the company’s secure portal. The company will then perform a credit calculation where they determine the tax credits that the applicant can receive from the IRS. Easy ERTC Tax Credit will then prepare and file the 941-X Amended payroll returns on behalf of the applicant who just has to wait for the IRS to verify their employee retention credit eligibility and mail them a check. It's important to note that business owners will never have to pay the Employee Retention Tax Credit back and can use it for any purpose they desire.
The ERTC program was originally established and funded by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Businesses who paid wages and health plan expenses between March 12, 2020, and January 1, 2021, are eligible to receive a tax credit equal to 50 percent of those total funds. For ERC credit 2021, this percentage was increased to 70% of wages and expenses. So, businesses stand to earn back a maximum of around $21,000 per W-2 employee according to the ERTC tax credit legislation as specified by the ERTC program. Startups can benefit even more, as they are eligible for up to $33,000 per W-2 employee.
Easy ERTC Tax Credit has demonstrated an excellent track record of helping small businesses get back what they are eligible for based on the government’s employee retention credit payout scheme. On their website, the company gives several employee retention credit examples and says that they helped a business consulting firm in Newport Beach, California, with 19 W-2 employees get a $44,960 credit, a presentation design agency in Nashville, TN, with 19 W-2 employees get a $162,979 credit, a restaurant ownership group in Florida, with 224 W-2 employees get a $1,120,000 credit, a restaurant in Houston, Texas, with 80 W-2 employees get a $400,000 credit, and a Montessori school in Addison, Illinois, with 35 W-2 employees get a $175,000 credit. The company claims that its entire refund application process only takes up to 15 minutes. The company provides audit-proof documentation for providing to the IRS and only charges fees if the applicant’s business qualifies for an employee retention tax credit 2021 refund.
For more information about Easy ERTC Tax Credit, contact the company here:
Easy ERTC Tax Credit
Easy ERTC Tax Credit
101 Palo Verde Dr
Henderson, NV 89015