Employee Retention IRS Rebate Qualification Check: 2023 ERC Application Launched
A new fast eligibility assessment launched by ERC Scope is helping employers get pre-qualified for Employee Retention Tax Credit (ERTC) rebates with no cost or obligation.
More information about the fast assessment, ERTC rebates, and claiming tax credits with PPP loans can be found at https://www.ercscope.com/pre-qualification-test
With the new eligibility assessment tool, employers can answer five simple questions to determine if they qualify for ERTC rebates and access a team of ERTC application specialists that can help to maximize their rebates. The entire assessment takes approximately one minute to complete and does not require any proprietary business information.
Though the ERTC program started off as a small pandemic aid, it has grown into the largest relief program in American history, offering rebates of up to $26,000 per employee. Unlike other relief programs, these funds are not a loan or deferral, never require repayment, and have no restrictions on how they can be spent.
After going through several rounds of amendments, the program has been expanded to include almost any employer in the USA with between 5 and 500 W-2 employees. Rebates are also available for startups, new businesses founded during the pandemic, and non-profit organizations, such as churches, schools, and clinics.
Business owners that have already enrolled in the Paycheck Protection Program (PPP) can also claim ERTC rebates after an amendment made in the Consolidated Appropriations Act. Employers can also schedule a no-cost call with an ERTC specialist after completing the pre-qualification assessment to discuss the eligibility requirements and ensure that they qualify before proceeding.
Using the ERTC application service, employers can get help to determine which fiscal quarters they are eligible for, how the PPP will affect their rebate, and approximately how much they can claim. Business owners can also use the service to complete the entire application process, including maximizing IRS rebates and filling in the required paperwork.
Though individual rebates will vary, with no upper limit on funding, the average small business rebate is approximately $150,000, with some employers claiming as much as $6 million.
More information about the ERTC rebate program, application specialists, and maximizing tax credits with PPP loans can be found at https://www.ercscope.com
Bottom Line Savings
3323 NE 163rd Street, Suite 302
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.