The new service allows small businesses to complete a short questionnaire, which the firm states should take approximately 15 minutes. Following submission, the company’s specialists can give advice on eligibility for Employee Retention Tax Credits (ERTC). For those businesses that do qualify, the firm also offers assistance with completion and submission of relevant documents.
More details can be found at: https://fastemployeeretentioncredit.com
Fast Employee Retention Credit has launched the online prequalification tool with the goal of making more businesses aware of their entitlements. While almost $900 billion in stimulus funding was authorized under the CARES Act, a significant proportion remains unclaimed as of 2022.
When first introduced in 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act offered two avenues of financial relief for small businesses. The first, known as the Payment Protection Program (PPP), provided support in the form of loans. The second, known as Employee Retention Tax Credits, provided tax rebates for businesses who retained their staff during the pandemic.
As Fast Employee Retention Credit now explains, revisions to the Act in 2021 allowed businesses who had received PPP loans to apply for an ERTC refund as well. The firm believes that this is where some confusion still exists, and the online prequalification service is designed to clarify the fact that ERTC is still available to many small businesses.
As mentioned, for those businesses that qualify, the firm’s services also extend to assistance with 941 amended payroll return completion and filing. Businesses could receive refunds of up to $26,000 per employee.
About Fast Employee Retention Credit
Focused solely on ERTC refunds, Fast Employee Retention Credit was established to help small and medium-sized businesses gain access to pandemic relief funding. The firm has helped clients from a broad range of industries, including hospitality, human resources, design, education engineering, and automotive. Currently, the company states that its rapid prequalification service is unmatched by other providers.
A company representative recently stated: “We only specialize in maximizing Employee Retention Tax Credits for small business owners. You won’t find us preparing income taxes, compiling financial statements, or providing attestation services of any kind. Businesses should take advantage of this COVID-19 employee retention credit while it’s still available.”
Interested parties can learn more by visiting: https://fastemployeeretentioncredit.com
Fast Employee Retention Credit
2637 E Atlantic Blvd # 1078
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Scotland News journalist was involved in the writing and production of this article.