Following changes to the ERTC program, it’s now possible to apply for credit even following a PPP loan – but many business owners are unaware that they qualify for support. With the new expansion, LP Consulting focuses on raising awareness of the latest changes and providing expert end-to-end assistance with applications.
More information can be found at https://get26k.com/
With the deadline for 2020 payments approaching in 2024, the update centers on streamlining the claims process for businesses. An integrated credit calculator provides an estimated payout, while all payroll data and administrative paperwork can be uploaded and managed by the in-house team.
The ERTC, established by the CARES Act in 2020, provides eligible employers with up to $26,000 per employee in tax credits for retaining employees throughout the COVID-19 pandemic.
LP Consulting’s certified public accountants have extensive expertise with the ERTC program. Their focus is helping small business owners comply with ERTC rules and they compile audit-proof documentation to substantiate their refund claims.
A 15-minute online questionnaire helps owners determine if their business qualifies for tax credits. It examines issues like revenue loss and disruptions to normal operations – two key criteria for ERTC eligibility – and eliminates lengthy consultations upfront, so owners know immediately if they can proceed with a claim.
Clients can expect to receive up to the program’s maximum of $26,000 per employee they retained during 2020 and 2021. The firm compiles all required tax forms and documentation on the client’s behalf, maximizing the refund amount while minimizing administrative burdens.
The service also provides assurance that all documentation meets IRS standards, with audit-proof substantiation designed to withstand scrutiny if the IRS inquires about a refund. With billions of dollars in outstanding credits still available, the IRS has enhanced enforcement to ensure ineligible companies do not receive a payout.
A spokesperson for the company states: “By answering a few, simple, non-invasive questions our team of ERTC experts can determine if you likely qualify for a no-strings-attached tax credit. There is no cost or obligation to be pre-qualified.”
Interested parties can learn more at https://get26k.com/
LP Consulting LLC
3648 Gruber Rd
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