A new video report and eligibility assessment launched by Future Impact Agency can help employers claim payroll tax rebates for 2020 and 2021, through the Employee Retention Tax Credit (ERTC) program.
More information about ERTC eligibility requirements and a no-cost assessment can be found at https://ertcrefundclaim.com
Employers can use the new eligibility assessment to claim up to $26,000 per employee in rebates that are not a loan and have no restrictions on how they can be spent. The program is available for SMEs, non-profit organizations, and startups that have between 5 and 500 full-time employees.
The no-cost, no-obligation eligibility assessment asks 10 simple questions, and eligible employers can use an updated fast rebate service that includes audit-proof documentation for each client. Future Impact Agency’s rebate service, the 15 Minute Refund program, connects employers with ERTC specialist CPAs that will complete the required paperwork, and maximize their rebates.
To qualify for the fast rebate service, a business must have been affected by the pandemic either financially, or through government orders. This can include either a significant loss in revenue compared to the same quarter of the previous year, or temporary closures due to lockdowns or supply shortages.
Businesses that have already received loans through the Paycheck Protection Program (PPP) can also qualify for rebates, as well as churches, clinics, and schools. New businesses founded during the pandemic may qualify for up to $100,000 in rebates if they have at least one employee who is not a family member or 50% owner, and less than $1 million in gross receipts.
After completing the no-cost eligibility assessment, employers will receive a link to an ERTC specialist CPA firm’s secure server, where they can upload their raw payroll data, PPP loan documents if applicable, and 941 returns. They will use that information to calculate each employer’s maximum allowable rebates for 2020 and 2021, so the company can be enrolled in the ERTC and receive a check in the mail from the IRS.
Recent satisfied clients of the 15 Minute Refund program include a Florida-based restaurant ownership group with 224 W-2 employees, that completed a claim for $1,120,000. The program also helped a business consulting firm in Newport Beach, CA, to claim $44,960, with only 19 W-2 employees.
More information about ERTC eligibility can be found at https://ertcrefundclaim.com
Future Impact Agency / ERTC Express
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