Finally, Some Help for Small Businesses Hurt By The COVID-19 Pandemic.

Businesses can get up to $26,000 per employee with no strings attached.?

COVID -19 descended on America without warning and very quickly the country was overcome by its swift and deadly punch of death and destruction. Thousands of people around the world became infected and they infected family, friends, and neighbors before the world knew what happened. It was brutal and deadly.

Massive shutdowns of industry and?government were necessary to try and stop the deadly disease while modern medicine had little clue how to prevent it, attack it or stop it. The world was placed on lockdown.?

?The Problem:

The American economy was brought to its knees. It came to an abrupt halt. Businesses were shut down, schools were closed, commerce ceased, and only essential services like medical, food producers and manufacturers, and health and safety-related companies were allowed to continue operations.

Even they had to scale back, lay off, or terminate employees.?Thousands of businesses had to close.?Americans were ordered to stay inside their homes and confined to isolation. Thousands of jobs were lost, and millions of people died from the awful effects of the pandemic.

The Solution:

The American government created emergency funding to help businesses through the COVID-19 crisis and to help as many businesses as possible survive. The?Coronavirus Aid, Relief, and Economic Security (CARES) Act?was created by Congress in 2020 to help accomplish this goal and to provide fast and direct economic assistance for American workers, families small businesses, and industries through additional legislation and passing of the Coronavirus Response and Consolidated Appropriations Act of 2021.

A part of these legislations included the?Paycheck Protection Program (PPP)?which authorized 660 billion in loans to small businesses to continue to pay their employees until the pandemic was conquered or overcome to the point businesses could open and thrive again. Under the PPP rules, loans to small businesses can be?forgiven if certain conditions are met.

Employee Retention Tax Credits as Part of The Solution

The Paycheck Protection Program was a great program to assist small businesses, but what thousands of small businesses don't know is the CARES Act has another provision that allows small businesses who had to close their businesses during the pandemic or had to scale back their business and lay off employees are eligible for funding directly from the IRS to recover money to assist them to reopen for business or get back on their feet.?

This legislation - The employee retention tax credits or ERTC or ERC - is available to affected small businesses (defined as a business with less than 500 employees and having paid 941 taxes during the calendar business months of 2020-2021.

Even if the businesses also obtained PPP loans many will still meet the qualifications to receive the ERTC tax credits.?Qualifying small businesses can receive up to $26,000 per employee in employee retention tax credits. These funds come directly from the IRS and may be used for any purpose. There are no requirements to repay the money.

Qualifying for Employment Retention Tax Credit or ERTC

Most small businesses and nonprofit organizations don't know about the CARES Act and the fact that money is available to them to get back on their feet and recover from the losses or injuries suffered due to the COVID-19 pandemic. Even if they know about the ERTC tax credits, most don't have a clue how to apply and get every dollar they may be entitled to due to the red tape and confusing forms that must be filled out and submitted.

Here's The Good News!

The good news is there are services that handle all of the paperwork for any qualifying business to apply for and obtain the ERTC tax credits without having to pay any money upfront. A nationwide staff of Certified Public Accountants (CPAs) takes the business owner by the hand and assembles the necessary documents and then submits them to the IRS for receipt of an ERTC check to the applying business.?

?The above is just the tip of the iceberg of what a business can expect from this amazing done-for-you system to apply for and get ERCT funds.??

Employee Retention Tax Credits (ERC) Benefits

?Employee retention tax credits may be used for any purpose the small business decides. Many businesses use these funds to:

·????????Pay off bills and debts incurred trying to stay in business during COVID-19

·????????Recover from loss of having to shut down during the pandemic

·????????Reward loyal employees that stood by your business during the crisis

·????????Use the funds for any reason you want. There are no strings attached

·????????Help avoid having to borrow money to keep your business afloat

Nonprofits that paid employees W-2 wages also qualify

Whether profit or nonprofit, any business that paid employees W-2 wages may qualify for the tax credit and get up to $26,000 per employee. The average tax credit amount is $150,000. There are many small businesses that have received much, much more.

100% Risk-Free Guarantee

There is no risk to participating in the Employee Retention Tax Credits recovery system. You pay nothing unless your application is approved and funded by the IRS. All the work is done by the nationwide CPA firm. The only thing you have to lose is the ERTC funds that you definitely won’t get unless you apply.

So, here’s the question for you. ?If you could get a large chunk of money that you didn’t have to pay back how long would it take you to say yes? That’s essentially the decision you have to make now if you had a small business affected by the COVID pandemic during 2020-2021.

Don’t leave free, no strings attached money on the table that your business may be entitled to.?Apply Now!! Head on over to www.employertaxrecovery.com and submit your claim.