ERTC Tax Refund Calculator: CARES Act Fast IRS Claims Procedure Announced

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LP Consulting LLC, a leading expert in Employee Retention Tax Credits (ERTC), has announced its new hassle-free application procedure. The procedure uses an online portal and requires less than 15 minutes of business owners’ time.

The firm has a specialized focus on maximizing refundable ERTC claims for small to medium-sized business owners who are looking to take advantage of this unprecedented tax refund.

Further information is available at

LP Consulting LLC’s announcement comes as the deadline for claiming ERTC for eligible quarters in 2020 approaches. The statute of limitations for filing amended payroll tax returns is set at just three years from the due date.

ERTC, a government-backed stimulus program established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, provides a financial lifeline to industries severely affected by the pandemic. Business owners who faced a full or partial shutdown, experienced revenue declines, or adapted operations in response to the crisis can qualify for this unprecedented stimulus for each W2 employee.

“Previously, employers had to choose between Payroll Protection Program (PPP) loans and ERTC credits”, explains an LP Consulting LLC spokesperson. “But recent regulatory changes allow business owners to apply for both options, even if they have already received PPP funding. However, time is running out for business owners to claim their financial reward for keeping their workers employed throughout the pandemic.”

LP Consulting LLC’s new streamlined procedure enables business owners to start the claims process in less than 15 minutes.

Business owners begin by completing a short questionnaire on LP Consulting LLC’s website. Upon completion, the company will prompt for the necessary supporting documents, such as 941 returns, PPP loan documents and payroll data. After the business owner has uploaded these documents through the firm’s secure portal, their experienced team calculates the refundable credit amount the client is eligible to receive from the IRS.

Business owners can also opt to estimate their potential ERTC tax rebate using the ERTC Refund Calculator provided on the firm’s website.

The LP Consulting LLC team diligently prepares and assists in filing the necessary 941-X amended payroll returns as part of the business owner’s application package. Once submitted, clients can expect the IRS to process the credit and mail them a refund check.

Interested parties can learn more about the ERTC program and how LP Consulting LLC can help businesses maximize their tax credits at