Financial News
ERTC Deadlines & IRS Compliance for SMBs: 2024 Pre-Qualification Checks Expanded
'Claim Your ERC Recovery, LLC' has announced an expansion of its eligibility check services for SMBs who want to ensure they file an IRS-compliant claim for the ERTC in time.
Bayonne, United States - April 8, 2024 —
Small businessowners who want a second opinion on whether they qualify for the COVID-19 relief funding can contact the CPA to ensure they meet requirements and deadlines.' Claim Your ERC Recovery' specializes in ERTC (Employee Retention Tax Credit) claims and is up-to-date with the latest regulations and how to file an application that complies with the IRS.
To find out more, please visit: https://portal.ertcexpress.com/qualify/claimyourercrecovery
In light of the IRS crackdown on fraudulent and unjustified ERTC claims, 'Claim Your ERC Recovery' has expanded its claim assistance services. The CPA has three different teams review the application before submitting it to ensure it is in line with all regulations.
"We do a full-blown assessment. That way, if you're ever audited by the IRS, our Sleep Well Guarantee will give you the verified proof needed to protect you and defend your full refund claim," a spokesperson for the company said.
According to the Financial Crimes Enforcement Network, the Revenue Service Criminal Investigation had identified 323 fraudulent ERTC claims as of November 2023, accounting for up to $2.8 billion. Many businessowners are not aware that they've made a wrongful application but have been persuaded by dishonest companies who charged them for insufficient eligibility checks, causing the IRS to enforce additional procedures to stop scams. Businesses that have made incorrect or fraudulent claims will likely need to repay the full refund, as well as interest and penalty fees, underlining the need for professional CPA services.
Those hoping to file a claim for the cap of $26,000 per W-2 employee may be too late as the deadline for 2020 tax periods is set on the 15th of April 2024, and a thorough pre-qualification assessment typically takes longer than two weeks. However, the deadline for retroactively claiming $21,000 per employee for 2021 tax periods is on the 15th of April 2025, giving businessowners time to contact 'Claim Your ERC Recovery' for an eligibility check.
Businessowners can fill out an online form on the CPA's website. The no-obligation questionnaire takes approximately 15 minutes to complete and only has non-invasive questions. The fee for the assessment is diligent on a potential refund.
Additional details can be found 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: NewsNetwork
Release ID: 89126543
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