Employee Retention Tax Credit Eligibility Check: CPA Claim Rebate Service Update
The consultancy’s enhanced services offer a streamlined prequalification process for government funding, allowing small businesses to fill in their details in as little as 15 minutes. Following submission, the agency assesses each case for ERTC eligibility, and also offers assistance to help businesses maximize their claims.
More details can be found at: https://get26k.com
The recent update from LP Consulting comes amidst reports that a large portion of funds allocated under the CARES Act have not yet been claimed. Their services are designed to identify small businesses that are entitled to a tax credit and assist them with the application process.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 allocated some $367 billion in funds to help small businesses retain staff during the pandemic. Initially, businesses were required to choose between the employee retention tax credit or the parallel Payment Protection Program (PPP) loan service.
As part of the recent announcement, LP Consulting advises that those companies who received a PPP loan are also eligible for ERTC, which was part of revisions to the CARES Act in 2021. The firm points out that ERTC is not a loan, and businesses that qualify could receive a refundable tax credit of up to $26,000 per employee.
The revised process involves completion of a short questionnaire via the firm’s online portal. LP Consulting has teamed with a firm of Certified Public Accountants (CPAs) who will calculate the credit that businesses may be eligible for, and offer assistance with preparing and filing amended payroll forms.
About LP Consulting LLC
LP Consulting has now focused its services solely on assisting small businesses with the employee retention tax credit. To date, the firm has worked with a wide variety of business types, including restaurants, consultancies, schools, hotels, and designers. All services are offered via secure, online channels.
A company representative recently stated: “The government has authorized unprecedented stimulus, and yet billions of dollars will go unclaimed. Take advantage of this pandemic employee retention credit while it’s available. When you engage us, rest assured that you’ve hired the best CPA firm to lock in this one-time opportunity for a large refund check from the IRS.”
Interested parties can learn more by visiting: https://get26k.com
LP Consulting LLC
3648 Gruber Rd
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Herald Port journalist was involved in the writing and production of this article.