'Claim Your ERC Recovery, LLC' has released a statement encouraging businesses to claim tax refunds from the US government before the April 2025 deadline.
-- The latest statement explains that businesses that were affected financially by the COVID-19 pandemic and wish to make a claim must complete and submit an application for the Employment Retention Tax Credit (ERTC) by the 15th of April 2025. The program was created to help business owners who kept employees on the payroll during this period.
More details can be found at https://portal.ertcexpress.com/qualify/claimyourercrecovery
Eligible businesses can claim up to $21,000 per employee in refunded tax credits. At the height of the pandemic, these packages were used to encourage employers to retain staff despite trading limitations during nationwide shutdowns. The consultancy points out that many business owners are unaware that they can submit backdated claims to help their organizations recover from the long-term economic effects of the pandemic period.
The ERTC was first introduced in March 2020 as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES). To be eligible, businesses had to demonstrate at least a 50% reduction in gross receipts during quarters in 2020 compared with the same periods in 2019 and that their operations were fully or partially suspended as a result of government orders.
'Claim Your ERC Recovery, LLC' highlights other legislative changes such as the Consolidated Appropriations Act which have expanded eligibility criteria for the ERTC.
The spokesperson says, “Before this change, businesses that received loans through the Paycheck Protection Program (PPP) were disqualified. Now, even those who took out loans in the first round of PPP might find themselves eligible for this refundable payroll tax credit.”
'Claim Your ERC Recovery, LLC' provides application support for businesses via its ERTC Express service. The company partners with a team of licensed CPAs who verify eligibility, answer questions, and expedite the claims process, ensuring that all paperwork and required documentation including payroll records, tax returns, and IRS Form 941-X are completed and filed correctly.
“The ERTC tax incentive is heavily underutilized due to misconceptions about eligibility. You may be eligible to receive thousands if not millions in funding for your business. We're the experts in that, so let us help you get there.”
Interested parties can use the ERTC Express QuickEstimate™ calculator on the website to find out how much funding they are likely to receive.
For more information, go to 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: 89156834
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