The company now provides a simple process that requires less than 15 minutes of the client’s time to determine whether they qualify for the federal benefit. Businesses can get up to $26,000 for each full-time or part-time worker they retained during the pandemic lockdowns.
More information about LP Consulting LLC is available at https://get26k.com/
Company representatives explain that ERTC was originally created to encourage businesses to keep employees on the payroll as they navigate the unprecedented effects of COVID-19. Since entrepreneurs are claiming tax credits, there is no obligation for repayment.
Furthermore, there are no restrictions on how recipients of the tax credit must use the funds. Hence, entrepreneurs can utilize the money to rehabilitate their businesses, open new locations, or grow their workforce.
EXTENDING HELP TO BUSINESS OWNERS
The ERTC is a pillar of the CARES Act, providing tax relief to business owners based on employee wages and health plan expenses paid after March 12, 2020, and before Oct 1, 2021. A lack of information regarding this program, however, means that billions of dollars in ERTC funds will go unclaimed. LP Consulting LLC aims to help entrepreneurs receive the funds they are legally entitled to.
To begin the claim process, business owners simply need to answer 10 non-invasive questions on the LP Consulting LLC website. The company will then email the client a secure link to an application questionnaire to be completed online. There is no cost or obligation to be pre-qualified.
Businesses can upload their 941 returns, PPP loan documents, and raw payroll data on the LP Consulting LLC portal. The company will then prepare and help the client file the 941-X Amended payroll returns.
According to a spokesperson: “We understand how challenging today’s business landscape has become. As such, our team of experts is here to simplify the ERTC claiming process so businesses can recover and thrive again after years of struggle.”
The company’s website has a comprehensive FAQ section that tackles many of the common questions and intricacies of the ERTC application process. It can be accessed by visiting https://get26k.com/
LP Consulting LLC
3648 Gruber Rd
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Pune journalist was involved in the writing and production of this article.