(Newswire.net — August 1, 2022) — A new report launched by Future Impact Agency explains how Knoxville employers can determine if they qualify for rebates through the ERTC program, and the fastest way to complete a claim before funding for the program runs out.
When the CARES Act was passed, it introduced the Employee Retention Tax Credit (ERTC) program, which provides rebates for small and medium-sized business owners affected by the pandemic. A new report launched by Future Impact Agency can help employers to understand recent changes made to the program that have expanded the eligibility and increased the maximum allowable claims.
More information about eligibility requirements and maximum claim amounts can be found in the full report, at https://ertcrefundclaim.com
Changes made to the program now allow employers to qualify for up to $26,000 per W-2 employee in rebates, even if they were previously ineligible. A no-cost, no-obligation eligibility assessment provided by Future Impact Agency can help Knoxville employers determine if they qualify by answering 10 simple questions.
Though there have been several pandemic relief programs introduced for small business owners since 2020, the ERTC offers the additional advantage of providing relief funds with no restrictions on how they can be spent, and no repayment required. Companies may be eligible for ERTC rebates even if they have already enrolled in other pandemic relief programs, including the Paycheck Protection Program (PPP). More details about the ERTC can be found in this short video, at https://vimeo.com/682407368
To qualify for rebates, employers must have between 5 and 500 full-time employees on average and have kept staff members on the payroll throughout the pandemic. They must also have been affected by the pandemic, either with significant financial losses or by temporary closures due to government orders, including lockdowns.
Eligible employers can use a fast rebate service from Future Impact Agency, the 15 Minute Refund program, to ensure their claims are completed before funding for the ERTC program runs out. The fast rebate service is provided by a firm or ERTC specialist CPAs and provides the maximum allowable rebate for each business, guaranteed.
There are no up-front fees to use the 15 Minute Refund program, and all fees are entirely reliant on companies receiving a rebate. Any business that does not qualify or does not receive a rebate will not be charged.
More information about the ERTC eligibility requirements can be found at the link above, or in a brief video at https://vimeo.com/679380959