ERTC Program Provided To Post Pandemic Businesses

Carmel, IN based ERTC GOV is currently taking on new clients located all across the nation who wish to take advantage of the United States ERTC Program. Since 2021, the company has been focusing exclusively on ERTC, and their clients have universally enjoyed the benefit of being able to trust that their ERTC program claims are done in accordance with the strict IRS rules.

Subject to certain conditions, the Employee Retention Tax Credit (ERTC) is a refundable tax credit whose purpose is to reward businesses for successfully keeping their employees on payroll. An employer that qualifies can receive up to $26,000 per employee, which can be crucial for those who have seen their stability being eroded following the Covid-19 pandemic. Notably, employers can also retroactively claim the credit against past quarters. Further, businesses of all sizes are potentially able to take advantage of the ERTC as it mandates no cap on the number of employees, though smaller businesses may find it easier to engage with this procedure.

According to ERTC GOV, a private business or tax-exempt organization may be eligible if they were forced to limit or even close operations as a result of a federal, state or local governmental order. They may also be eligible if they experienced a 50% decline in gross receipts during any quarter of 2020 versus the same quarter in 2019 (or a 20% decline in gross receipts 2021 against the same quarter in 2019). Calculating the extent of the credit, however, can be a complicated process as businesses have to consider a number of factors to ensure they are not divesting themselves of deserved funds.

Thanks to ERTC GOV’s efforts, businesses can now save themselves a great deal of hassle. All they have to do is visit the company website and complete their simple 5-Step process, which begins with a questionnaire. Asde from their identifying information, such as the business’ name, contact details and industry, the questionnaire asks how many W-2s they issued in 2020 and 2021 and whether they operated under a full or partial shutdown order. ERTC GOV confirms that this questionnaire is submitted securely to their team upon completion, and they hold their community’s privacy in the highest regard. Once a client gets in touch, they are guaranteed the company’s full discretion, and preliminary qualification can be swiftly determined at this stage.

After the questionnaire is submitted, the client can also use the company’s secure portal to upload all other relevant information, such as their 941 returns, PPP loan documents and raw payroll data. ERTC GOV will take over completely at this point, using all materials provided to calculate the credit the business can receive from the IRS. Step 4 of the process involves the team preparing the 941-X Amended payroll returns (and helping the client file them as required). Finally, the IRS will process the business’ credit and mail them a check.

ERTC GOV strongly recommends that businesses take the time to check whether they qualify if they have been affected by the pandemic. The company has been providing ERTC services to more than 4,000 businesses since 2021, and they are keen to help as many organizations as possible both weather and recover from the pandemic.

Notably, the firm’s CPAs do not focus on tax preparation or other services of any kind during this 3 yr window. This singular focus means they are a premier ERTC provider for many businesses in the nation, especially given that their objective is always to ensure their clients get the most amount of money possible — while also preparing and filing claims strictly as defined. ERTC GOV sets themselves apart from less experienced firms by producing audit-proof documentation, giving clients full assurance that they have no need to be concerned about submitting a claim to the US government.

Businesses that wish to learn more or stay up to date with the company’s latest news and announcements are welcome to join the ERTC Program Facebook page. Given that ERTC is a relatively unfamiliar subject for many, the company also welcomes any and all inquiries from their community. In addition to answering many common questions via their website’s FAQ section, the company encourages businesses to contact Mark Sullivan of ERTC GOV for further details.