Business owners can now complete a 10-point questionnaire on the LP Consulting website to determine if they qualify for the benefit. If they are, the accounting firm will provide end-to-end assistance with claiming the benefit, including preparing an amended 941-X.
More information about LP Consulting is available at https://get26k.com/
With the enhanced pre-qualification step, the company is further streamlining the application process and making it more accessible to businesses of all sizes. According to LP Consulting, entrepreneurs can stand to receive up to $26,000 per qualified employee.
This generous amount can be used for any purpose, including paying debts, expanding a business, or hiring more employees. Unlike PPP loans, ERTC benefits are tax credits, meaning there is no obligation to pay back any amount received.
Understanding the financial straits entrepreneurs face in today’s tough market, the company offers pro bono services. As such, there is no upfront fee and clients will only be charged if they receive ERTC benefits.
HELP FOR ENTREPRENEURS
Business owners have had to face a string of challenges in the past few years. The coronavirus pandemic and the ensuing lockdowns have caused sales to plummet. More recently, the higher cost of doing business has cut into their profits.
The employee retention tax credit provides a valuable lifeline that can be used by entrepreneurs to rehabilitate their businesses. LP Consulting notes that even though the benefit ended two years ago, clients can retroactively claim credits for any wages between 2021 and 2021.
This program is extended to all businesses, including those in retail, hospitality, and food service – among the most hard-hit sectors during the pandemic. Applicants simply need to prove that they retained employees despite experiencing a drastic drop in sales receipts during the above-mentioned years.
ABOUT LP CONSULTING
As an accounting firm that specializes in ERTC benefits, LP Consulting offers deep expertise in the application and claims process. The company utilizes digital technology to make the experience more convenient for busy entrepreneurs, fast-tracking their receipt of much-needed tax refunds.
Interested parties may visit https://get26k.com/ for further details.
LP Consulting LLC
3648 Gruber Rd
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No State Today USA journalist was involved in the writing and production of this article.