Find out how much you can claim in tax credits with the ERTC program using this new guide from Scott Hall. It includes a free eligibility check tool and answers to the most common questions.
Can your business claim the maximum amount for ERTC rebates?
Do cash tips, healthcare contributions, or paid time off get included?
How much can you claim if you already received a PPP loan?
Find all the answers you need to calculate your rebate for 2020 and 2021 or get in touch with an ERTC specialist who can pre-qualify you for a rebate.
In 2020, when many small businesses were suffering financial losses, the federal government created several pandemic relief programs you could enroll in. One of the lesser-known programs, the Employee Retention Tax Credit (ERTC), is still open for enrollment, and you can use this guide created by Scott Hall to calculate your maximum allowable rebate.
Visit https://scotthall.co/how-to-calculate-ertc-correctly to read the full report and calculate your ERTC rebates.
The in-depth guide contains important information for business owners who have already received funds through the Paycheck Protection Program (PPP) about changes to the eligibility requirements. Though these business owners were originally disqualified from enrolling in the ERTC, that changed in 2021 with the passing of the Consolidated Appropriations Act.
You can now enroll in both programs, and the report explains how PPP loans are factored into your tax rebate calculations. Unlike the PPP, ERTC rebates are not a loan and do not need to be repaid. They also have no restrictions on how they can be spent.
Eligible business owners may claim as much as $26,000 per employee, and the guide features a detailed list of all the documentation you will require when making a claim. It also includes a no-cost, no-obligation, secure eligibility assessment tool that you can use to find out if you qualify for tax rebates, by answering a few simple questions.
The ERTC program is open to any small or medium-sized business that suffered financial losses or temporary closures during the pandemic, including non-profit organizations, and startups. Businesses founded during the pandemic may qualify as a Recovery Startup Business and could be eligible for up to $100,000 in rebates.
You may also choose to have your rebates calculated by ERTC specialists. To have an expert pre-qualify your company for a rebate, you can take the eligibility assessment and then request a consultation to learn the amount you may receive.
To complete a claim online with ERTC specialists, you will be asked to upload your 941 returns, raw payroll data, and PPP loan documents to a secure server. With this information, the accountants can complete your claim, and help you file the amended documents.
With lockdowns, sick employees, and reduced customers, the last few years have been difficult for small businesses. By keeping your employees on the payroll you’ve helped them, as well as the economy, and you deserve a little extra assistance. Claim it today in tax credits, with the help of an ERTC specialist.
Visit https://scotthall.co/employee-retention-tax-credit to take the free eligibility assessment, and calculate your tax rebate.