The Employee Retention Credit (ERC) program, created with the CARES Act, has been extended through the Taxpayer Certainty and Disaster Tax Relief Act. Whether you got a PPP Loan or not, it now increases the total amount employers can claim in rebates for wages paid during the pandemic. Using the recently enhanced fast application service by ERC Tax Group, companies may get up to $26,000 in refunds, per W-2 employee.
To learn more about ERC rebates or to make a claim, please visit https://erctaxgroup.com
After several amendments to the ERC, the mechanism has become the largest relief program in American history, with billions of dollars in tax credits still unclaimed. The newly released 15 Minute Refund program by ERC Tax Group helps employers to claim their rebates with help from a team of specialist CPAs.
The 15 Minute Refund program is available from a firm of CPAs, which has partnered with ERC Tax Group to provide the guaranteed maximum allowable rebate for each employer and audit-proof documentation for IRS support. The program offers no-risk rebates, with no cost to any company that does not qualify for and receive a rebate.
ERC Tax Group has also created a no-cost, no-obligation eligibility assessment tool available on their website. By answering 10 simple questions, and providing no proprietary business information, employers can determine if they qualify for a rebate. The entire assessment process takes approximately one minute to complete.
To be eligible for rebates, a company must be able to show that it suffered significant financial losses during the pandemic, or was temporarily closed because of government orders, such as a lockdown. In some situations, a company may also qualify if it was operating at a reduced capacity, such as having a limited storefront or partially closing due to supply chain issues.
Non-profit organizations, including schools, hospitals, churches, and performing arts centers, may also qualify for rebates, as well as startups and new businesses. Companies that have already received a loan through the Paycheck Protection Program (PPP) are also eligible after amendments made in the Consolidated Appropriations Act.
ERC tax credits are a one-time payout and not a loan. Unlike the funds offered by the PPP, they do not need to be repaid and have no restrictions on how they can be spent.
For more information about ERC rebates or to take the no-cost eligibility assessment, please visit https://erctaxgroup.com
ERC Tax Group
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