LP Consulting announces its CPA guidance for small businesses seeking to secure the maximum Employee Retention Tax Credit refund.
Monroe, United States - August 3, 2023 —
The newly updated service is available to small business owners nationwide - and encompasses a 15-minute pre-qualification process to determine eligibility for the Employee Retention Tax Credit (ERTC). The team provides comprehensive support for those that meet the criteria and can also manage the entire application process.
More information can be found at https://get26k.com/
The latest announcement focuses on the upcoming deadlines for ERTC applications. Businesses filing for 2020 will need to submit their paperwork by April 2024, while applications related to Covid-19 impact in 2021 will need to be sent by April 2025.
The eligibility requirements and documentation needed to substantiate claims have proven difficult for small and medium-sized companies to manage on their own, with errors or incomplete applications leading to denied claims and lost tax savings. As such, LP Consulting's experienced team of CPAs helps to reduce friction and minimize mistakes for eligible businesses.
Businesses will need to take an initial questionnaire that contains non-invasive questions to evaluate the financial impact of Covid-19 on their operations and determine the likely qualification for the tax credits. The ERTC can be claimed by both for-profit and non-profit entities that experienced full or partial suspension of operations due to government shutdown orders or had a significant decline in gross receipts.
LP Consulting's advisors thoroughly review a company's financial records, documentation, and other data to calculate the maximum justifiable amount based on eligibility. The ERTC program brings up to $26,000 per employee depending on the above-mentioned criteria.
The consultancy oversees the compilation of all needed paperwork to withstand potential audits, with applications prepared in a manner compliant with IRS requirements to avoid problems or delays in issuing refunds. Since ERTC claims can be amended, LP Consulting also files adjusted returns if additional facts indicate a business qualifies for more credits.
To date, LP Consulting has assisted a range of businesses in securing rebates as large as six figures. Within the last 30 days, a Houston restaurant has received $400,000 with the support of LP Consulting.
A spokesperson states: "When you engage us, rest assured that you've hired the best CPA firm to lock in this one-time opportunity for a large refund check from the IRS."
Interested parties can learn more at https://get26k.com/
Contact Info:
Name: Leonard Palmer
Email: Send Email
Organization: LP Consulting LLC
Address: 3648 Gruber Rd, Monroe, Mi 48162, United States
Website: https://get26k.com/
Source: PressCable
Release ID: 89104066
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