Get Employee Retention Tax Credits For 2020/2021 Even If You Received A PPP Loan
Is your company eligible for ERTC funds? What about if you already received money through the Paycheck Protection Program? Is it too late to claim tax credits for 2020?
All your questions answered, and some helpful advice for maximizing your claims can be found in this new report from Scott Hall.
While most business owners have already filed their taxes for 2020, Scott Hall explains how to claim Employee Retention Tax Credits (ERTC) by updating your files.
The report also includes information about changes made to eligibility requirements early in 2021.
The Consolidated Appropriations Act, passed in 2021, included an amendment to the program that allows you to benefit from both the PPP and the ERTC programs.
Unlike the PPP, credits claimed through the ERTC program are not a government loan, and do not have to be paid back at any point.
You can claim a percentage of wages paid to eligible employees from March of 2020 up to September 30, 2021.
According to the report, you may claim up to $28,000 in credits per eligible employee for 2021.
While you may file for the program yourself, the report suggests that an ERTC expert may make the process faster, and help you to maximize your credits.
Talk to an ERTC specialist to determine if you can receive credits for 2020 and 2021 before it's too late.
Visit https://ertcquiz.com to learn more.