As eligibility for Employee Retention Tax Credits (ERTC) was expanded in 2021, a record number of businesses have been applying for refunds. The recently launched 15 Minute Refund application is only available by filling out the form on this agent’s site, which is entirely dedicated to ERTC claims over any other accountancy work.
To learn more about the 15 Minute Refund process, please visit https://www.freetaxcash.com
There have been several rounds of changes to the ERTC program since it was first introduced, with each change making the application more difficult for traditional accountants. Free Tax Cash specializes in maximizing small business claims and getting employers their refunds as fast as possible.
With more businesses applying for ERTC every day, the wait time for refunds has been steadily increasing. Using the company’s 15 Minute Refund process, employers can receive refunds for wages paid in 2020 and 2021, even if they have already filed their paperwork for those years.
While many employers believe they are not eligible for funds through the ERTC program, because they have already enrolled in the Paycheck Protection Program (PPP,) this is not true. In 2021, the eligibility for ERTC was expanded, and employers can now benefit from both programs.
Unlike the PPP, ERTC claims have no restrictions on how the funds can be spent once they are received, and the money is not a loan. These one-time payments are available to any small business, startup, or non-profit in the USA that can show a loss of profit or business because of pandemic restrictions.
To begin the application process, employers need to answer a short questionnaire online, which will determine their eligibility for a refund. Eligible business owners will then receive a link to a secure online portal where they can complete the application and get pre-qualified for their refund by ERTC specialists.
Employers will be asked to upload their 941 returns, PPP loan documents, and raw payroll data to the CPA’s secure data server, and then their accountants can calculate the maximum amount they can claim. The specialists will then prepare a 941-X amendment form and help employers to file their claims while providing an audit-proof document for IRS support.
For more information, please visit https://www.freetaxcash.com
Free Tax Cash
Free Tax Cash
256 3rd St
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Feature Georgia Heralds was involved in the writing and production of this article.