2024 Self-Employed Tax Credit Claim Assistance: Qualification Check Expanded

With the IRS back to processing employee retention tax credit applications after the 2023 moratorium was put in place, Claim Your ERC Recovery, LLC has introduced its services for self-employed business owners.

The CPA 'Claim Your ERC Recovery' has expanded its services for self-employed business owners who want to claim their equivalent to the ERTC (Employee Retention Tax Credit) for 2021 tax periods. The accountants have a thorough process to review eligibility and how much a business qualifies for, ensuring that the refund is optimized while fully compliant with the IRS' regulations.

To learn more, please visit: https://share.ertc.com/6FgPrV

The expansion comes as the IRS announced that they have lifted the temporary moratorium on new claims at the beginning of August. Businesses can now file post-moratorium SETC (Self-Employed Tax Claims) claims for 2021 until the 15th of April 2025 for qualified sick leave and family leave.

The SETC was issued under the American Rescue Plan Act of 2021. It's available for sole proprietors, 1099 employees, and Uber drivers. Those who qualify can claim up to 67% of their average daily rate, with a cap of $200 per day, for up to 60 days for 2021 periods.

However, after growing concerns about false claims made by fraudulent tax promoters, the IRS issued a moratorium on new claims in September 2023 to start a widespread audit. The agency underlines the importance of working with reliable tax professionals to avoid facing penalties.

'Claim Your ERC Recovery' has finetuned its application process, making it easier for small business owners to get the ball rolling with their claims. On the company's website, there is an online form that takes approximately 15 minutes to complete. Clients have access to a team of customer service agents that walk them through the process, ensuring that business owners feel informed about their applications.

The process is designed with compliance in mind, and 'Claim Your ERC Recovery' has a Sleep Well Guarantee, with three teams of accountants reviewing the claim before sending it to the IRS.

By having several professionals overlooking the application, 'Claim Your ERC Recovery' also has better results, with an average 40-120% higher refund rate than large payroll and software companies.

"The ERTC program requires complex accounting. That's why our staff are licensed American CPAs who specialize in complex ERTC filings rather than cheap offshore labor," a spokesperson for the company said.

Interested parties can learn more here: https://share.ertc.com/6FgPrV

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: 89143113

In case of encountering any inaccuracies, problems, or queries arising from the content shared in this press release that necessitate action, or if you require assistance with a press release takedown, we urge you to notify us at error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be readily available to promptly address your concerns within 8 hours, resolving any identified issues diligently or guiding you through the necessary steps for removal. The provision of accurate and dependable information is our primary focus.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.