It’s not too late to claim the Employee Retention Tax Credits for your Texas-based business for 2020 and 2021, and with the new 15 Minute Refund program, it’s easier than ever. Take a free eligibility test today to find out if you’re eligible, and how much you can claim.
When the CARES Act was passed in 2020, the economic stimulus bill encompassed several pandemic relief programs, including the Employee Retention Tax Credit (ERTC) which provides an incentive for small businesses to keep their staff on the payroll. Though the program concluded in 2021, you can still claim their tax credits using a new fast application process now available from Ampifire.
Visit https://fountainpr.com/wordpress to claim your tax credits.
The service allows you to claim your tax rebates for 2020 and 2021, with a time commitment of 15 minutes or less. This program is only available from a single firm of ERTC specialist CPAs that have now partnered with Ampifire.
The 15 Minute Refund program guarantees every employer their maximum allowable rebate, which could be up to $26,000 per W-2 employee. If you have already received a loan through the Paycheck Protection Program (PPP) you are also eligible – unlike the PPP, ERTC rebates are not a loan and have no restrictions on how they can be spent.
Since the ERTC program was first created, there have been several changes to the incentive mechanism, including an increase to the maximum rebate per employee, an extension to the length of the program, and an expansion of eligibility criteria. For instance, non-profit organizations, startups, and businesses with up to 500 full-time staff on average now qualify for rebates as well.
To qualify, your business must have suffered significant financial losses during the pandemic or had to close temporarily due to government orders, such as a lockdown. In many cases, businesses that had to operate at a reduced capacity can also qualify for rebates.
If your company was founded during the pandemic, after February 15, 2020, it may qualify as a Recovery Startup Business. You could be eligible for as much as $100,000 in rebates. To qualify, you must have less than $1 million in gross receipts, and at least one employee who is not a family member or 50% owner.
To determine your company’s eligibility, Ampifire has included a no-cost, no-obligation assessment on its website that includes 10 simple questions. It requires no proprietary business information and can be completed in approximately one minute.
It only takes 15 minutes or less to claim your tax credits, with a guaranteed maximum rebate, and audit-proof documentation. Take the free eligibility test now to find out how much you can claim!
Visit https://fountainpr.com/wordpress to get help with your claim from the ERTC experts.
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