-- LP Consulting LLC helps small to medium-sized businesses that were financially affected by the pandemic maximize their ERTC tax refund. With the latest announcement, the CPA firm aims to simplify the claim process to ensure that small business owners don’t miss out on the unprecedented stimulus.
Interested parties can learn more at https://get26k.com/
The IRS has recently postponed the deadline for claiming ERTC tax credits, meaning it’s possible to be compensated for the 2020 tax period until April 2024 and until April 2025 for the 2021 tax period. LP Consulting LLC offers assistance throughout the whole process, from the initial eligibility check to the actual claim.
Restrictions during the pandemic had a big effect on the food and service industry, leading to the establishment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act to keep entrepreneurs in business. Many businesses opted for the PPP (Payroll Protection Program) loan and assumed that they were not eligible for ERTC. However, as LP Consulting LLC explains, as of March 2021, businesses with PPP loans can retroactively claim ERTC for qualified wages from March 2020 from the IRS.
LP Consulting LLC’s claim process begins with an online form that can be filled out in 15 minutes. After applicants have uploaded the necessary documents, the CPA firm can determine if they’re eligible for the ERTC refund and calculate how much credit they can receive from the IRS.
The service also includes an application package, where the firm prepares the necessary documentation for the IRS to make a decision. For 2020, the credit is available for up to $5,000 per employee and $7,000 per employee for the first three quarters of 2021. This means that businesses may be eligible for wage compensation of $26,000 per W-2 employee. The credit has no restrictions and is not a loan that needs to be repaid.
About LP Consulting LLC
LP Consulting LLC, based in Monroe, MI, specializes in ERTC claim assistance and has helped numerous businesses across the US claim their rebates. For example, a Houston restaurant with 80 W-2 employees received a $400,000 credit in the past month.
“Our professional team is equipped and ready to help as many businesses as possible to apply for their ERC funds,” said a company spokesperson.
Additional details can be found 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/
Release ID: 89110397