In response to the recently changed eligibility criteria for Employee Retention Tax Credit (ERTC) program, LP Consulting LLC has announced an update to its pre-qualification and application support services.
As part of its expanded service, LP Consulting offers a no-obligation calculator and eligibility checking tool, that allows businesses to determine how much ERTC funding they can claim based on the government’s most recent criteria.
More information is available at https://get26k.com/
Following the recent announcement, the consultancy has partnered with a CPA firm to make the ERC claims process easier for SMB owners who may not have access to accountants with expertise in the relief program and the application process.
The US government introduced several financial mechanisms to support businesses during the pandemic. However, as the program’s eligibility criteria became more complex as time went on, many SMB owners who were previously ineligible were now able to make a claim. To help business owners make sure they aren’t missing out on crucial funding, LP Consulting developed a quick questionnaire to check their eligibility.
Overseen by the team of CPAs, the tool asks simple questions, such as the number of W2 staff members a business employed in 2020 and 2021, to instantly determine if a business owner qualifies for rebates. The tool will also provide an estimate of the amount they could claim for.
Small business owners who qualify for the program will then receive support for completing the required paperwork and submitting an application. LP Consulting offers these services as a conditional fee arrangement, meaning business owners only pay a fee should their claim be successful.
The CPAs also provide audit-proof documentation for business owners should it be needed for a future IRA audit. Additionally, when dealing with a client’s ERTC applications, they always strive to help business owners claim the maximum amount they are owed.
Business owners can learn more about the ERTC program, its eligibility criteria, and how they can start their application on LP Consulting’s website.
A spokesperson for LP Consulting LLC said, “We only specialize in maximizing Employee Retention Tax Credits for small business owners. You won’t find us preparing income taxes, compiling financial statements, or providing attestation services of any kind.”
Interested parties can find more information by visiting https://get26k.com/