A new rebate estimate tool launched by ERTC Wizard lets business owners quickly calculate how much they can claim in Employee Retention Tax Credits (ERTC) for 2020 and 2021 and provides access to an updated fast rebate service for completing the paperwork.
More information about the ERTC rebate calculator, fast application program, and changes to the ERTC program can be found at https://ertcwizard.com
The ERTC program has gone through several rounds of amendments since it was first created in 2020, including an expansion to the amount business owners can claim. The new calculator tool is available with no cost or obligation and includes all the recent changes, including an update that allows employers to claim up to $26,000 per employee.
ERTC Wizard has partnered with a firm of ERTC specialist CPAs to provide a full range of services related to pandemic relief funds, including a simple eligibility test and a fast rebate application. Business owners that claim their rebates through ERTC Wizard will be guaranteed their maximum allowable rebate, with no risk or up-front fees.
The new pandemic relief fund tools are available to all business owners with between 5 and 500 W-2 employees, including startups and new businesses. New amendments to the ERTC also allow non-profit organizations to claim rebates, including schools, churches, and clinics.
Employers who have already received loans through the Paycheck Protection Program (PPP) can also qualify for rebates after changes made to the program by the passing of the Consolidated Appropriations Act. While the PPP provided employers with small loans, funds claimed through the ERTC program are not a loan, never require repayment, and have no restrictions on how they can be spent.
Business owners can use ERTC Wizard’s no-cost, no-obligation eligibility assessment tool to determine if they qualify for tax credits, with no proprietary business information. The assessment asks 10 simple questions and takes approximately one minute to complete.
A spokesperson for the company offered this example, “Let’s say your company has 100 employees and you took a PPP loan. We would be able to get you a total refund of approximately one million dollars… This credit is favorable but complicated, and we at ERTC Wizard are here to help figure it all out for you.”
More details about changes to the ERTC program and the tax credit calculator tool can be found at https://ertcwizard.com
2323 Madison Avenue
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Glean News journalist was involved in the writing and production of this article.