'Claim Your ERC Recovery, LLC', in partnership with ERTC Express, has announced a new awareness campaign as more businesses seek assistance with their Employee Retention Tax Credit application.
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The latest announcement is in line with recent developments from the IRS, which has successfully reduced the backlog of applications it has seen up to this point - and is now focusing on compliance and reducing fraudulent claims.
More information can be found at https://portal.ertcexpress.com/qualify/claimyourercrecovery
IRS commissioner Danny Werfel recently explained that businesses can typically apply for the ERTC until 2025 - but being four years removed from the main impact of the pandemic makes late applications more likely to have validity issues.
The IRS has seen a surge in potentially fraudulent or erroneous ERTC claims and is increasing audits to verify eligibility. ERTC Express has the expertise to ensure its clients' claims are fully compliant with the latest requirements. The team of tax attorneys thoroughly reviews each client's payroll records and financial statements to identify qualifying wages and construct audit-proof documentation.
ERTC Express has helped over 19,300 businesses secure tax credits - the consultancy's clients range from restaurants and retailers to law firms and digital marketing agencies. However, ERTC Express is quick to point out that 75% of the companies it has worked with were previously unaware they qualified for the credit.
To be eligible, a company must have experienced a significant decline in gross receipts during the pandemic, and additional factors like partial suspensions of operations due to lockdown orders can also qualify a business. The credit amount is up to $26,000 per employee, and ERTC Express helps companies to maximize their refund.
The deadline for 2020 ERTC claims is April 15, 2024. Companies have until April 15, 2025, to apply for 2021 credits. ERTC Express recommends that all potentially eligible businesses act now, as the documentation and application process can take months.
A recent client said: "I had previously heard about the Employee Retention Tax Credit but was skeptical of what seemed too good to be true. I was referred by a church member who assured me of their reputation. It took less than a month to find out that our church was eligible for a mid-six figure tax credit."
Interested parties can learn more at https://portal.ertcexpress.com/qualify/claimyourercrecovery
Contact Info:
Name: Michael O'Reilly
Email: Send Email
Organization: Claim Your ERC Recovery, LLC
Address: 104 W 16th St, Bayonne, NJ 07002, United States
Website: https://portal.ertcexpress.com/qualify/claimyourercrecovery
Source: PressCable
Release ID: 89111927
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