Employee Retention Tax Credit Claims Assistance For W2 Employers Updated

With the recent update, businesses that received PPP funds are now eligible to claim Employee Retention Tax Credits (ERTC) as well. Michigan-based CPA firm LP Consulting LLC is offering a streamlined ERTC application process that can help small and mid-sized businesses claim refunds of up to $26,000 per W-2 employee.

More details can be found at https://get26k.com

The announcement comes as the IRS has clarified and expanded ERTC eligibility, opening the door for business owners who may have previously believed they did not qualify. Businesses in need of cash flow can retroactively claim credits for 2020 and through Q3 2021. Utilizing LP Consulting LLC's application tool, startups are now eligible for up to $33,000 in ERTC funding as well.

Created under the CARES Act to incentivize employers to keep staff during the COVID-19 pandemic, the Employee Retention Tax Credit offers dollar-for-dollar tax credits on qualified wages and health expenses. Business owners can claim up to $5,000 per employee for 2020 and up to $21,000 per employee for 2021. ERTC is not a loan and does not need to be repaid. There are no restrictions on how funds can be used, giving businesses the flexibility to allocate credits according to their specific needs and priorities.

As ERTC experts, LP Consulting LLC simplifies the application process to a 15-minute assessment. There are no upfront costs or obligations to engage their services after determining eligibility. The firm's CPAs and accounting professionals leverage their ERTC knowledge to maximize the credits companies are entitled to.

Recent recipients LP Consulting LLC has secured credits for include a California consulting firm claiming $44,960 for 19 employees, a Nashville agency qualifying for $162,979 with 19 staff members, and a Florida restaurant group approved for $1,120,000 covering 224 employees.

Unlike many accounting firms providing an array of services, LP Consulting LLC focuses exclusively on Employee Retention Tax Credits. Located in Monroe, Michigan, the firm works with small and medium businesses across the country.

"Most businesses are unaware that billions in stimulus funds remain untouched," said a spokesperson for LP Consulting LLC. "We've made the application process easy for entrepreneurs to claim funds before time runs out."

Interested parties can find more information by visiting https://get26k.com

LP Consulting LLC
lpciaff@gmail.com

3648 Gruber Rd

COMTEX_445200477/2824/2023-12-19T15:08:32