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US Covid-19 ERTC Financial Aid For Small Business Shutdowns: Service Launched

LP Consulting LLC has expanded its refundable claims guidance for small business owners across the US, helping them maximize Employee Retention Tax Credits in 15 minutes or less.

Monroe, United States - July 27, 2023

The new expansion focuses on pre-qualifying businesses ahead of filing the application - allowing business owners to submit their requests with greater confidence after having had their accounts checked by experienced CPAs.

More information can be found at https://get26k.com/

Small business owners can contact the firm and answer a series of non-invasive questions to ascertain whether or not they qualify for the payments available through the Employee Retention Tax Credit program. With billions in unprecedented stimulus funds authorized by the government still unclaimed, the service helps owners maximize refunds.

The ERTC was originally introduced in the CARES Act of 2020 to help businesses retain employees during Covid-19 shutdowns. It has since been expanded and extended through 2021. Eligible employers can now claim up to $26,000 back per employee in payroll tax credits - but the final deadlines are approaching in 2024 and 2025.

To qualify for the tax credits, employers must have experienced a significant decline in gross receipts or operations due to Covid-19 disruptions. This includes mandated full or partial suspensions, capacity limits, revenue declines of 20% or more, and recovery startup costs. Both for-profit and non-profit entities can qualify.

The ERTC is not a loan program. Approved funds do not need to be repaid, and can be used for any business expenses the owner chooses. In addition to this, there are no caps on refund amounts: credits are calculated based on qualified wages and healthcare costs paid to employees during eligible quarters.

The credits serve as subsidies for keeping workers employed through the pandemic. Importantly, business owners can still claim ERTC refunds even if they received Paycheck Protection Program (PPP) loans or other Covid-19 relief funds.

LP Consulting oversees all paperwork and financial data uploaded through the company website, including 941 returns and PPP documents. Everything is managed securely through the online portal.

A spokesperson states: "When you engage us, rest assured that you've hired the best CPA firm to lock in your refund check from the IRS. We only specialize in maximizing ERTC claims for small business owners."

Interested parties can learn more at 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: PressCable

Release ID: 89103485

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