Small Business Owners: Apply For The Employee Retention Tax Credit Today!
Are you aware of the Employee Retention Tax Credit? Support is available for business owners like yourself who kept employees during the uncertainty of the past few years.
The newly launched report from Scott Hall states you can claim Employee Retention Tax Credit over the next two tax credit years.
Even if your 2020 tax return has been filed, it is possible to claim ERTC and update your filing.
What has stopped you from applying for ERTC so far? Unlike other programs, the ERTC does not require you to repay the amount you receive.
It is a tax credit that you can retrospectively claim to help you deal with the unexpected challenges caused by the ongoing health crisis.
Are you aware of that? In addition, the report highlights a significant change earlier in the year that made the ERTC more appealing to business owners.
It states that in March 2021, the eligibility criteria were revised to allow you to apply for both the Paycheck Protection Program (PPP) and ERTC.
Previously, you could not apply for both.
You can use the eligibility checker via the website link provided.
ERTC is open to many business owners, whether you are a beautician, retailer, or contractor.
The report notes the easiest way to apply if you’ve submitted your tax return is to use the 941-X form to amend employment tax credit.
The ERTC was developed to help safeguard jobs during the health crisis by supporting business owners.
Go to https://scotthall.co/employee-retention-credit-2021