Massachusetts Tax Alert (MTA), in partnership with ERTC Express, has introduced a new pre-qualification service for small businesses to apply for the Employee Retention Tax Credit (ERTC). This service aims to assist eligible businesses in claiming up to $26,000 per W-2 employee. The online calculator provided by ERTC Express helps determine the business’s eligibility for the credit.
The CARES Act, enacted in 2020, allocated significant funds to support small and medium-sized businesses during the pandemic. However, a large portion of these funds remains unclaimed. ERTC Express’s latest service offers a convenient and no-obligation way for business owners to determine their eligibility for the ERTC. This credit, available to businesses that received a Paycheck Protection Program loan, provides a refundable amount of up to $26,000 per W-2 employee. Unlike a loan, this credit does not require repayment.
The application process for the ERTC can be confusing and complex, leading many business owners to not apply. ERTC Express’s new service simplifies the process, making it more accessible for businesses to benefit from the program. The outcomes for small and medium-sized businesses can be significant, as demonstrated by examples such as a single-location steakhouse receiving a credit of over $310,000 and a 4-location sushi restaurant receiving over $1.8 million in credits.
ERTC Express, specializes in assisting businesses in maximizing their refunds through employee retention tax credits. Their certified public accountants provide expertise in this area, ensuring that clients receive the maximum benefit available. By engaging with Massachusetts Tax Alert, businesses can take advantage of this one-time opportunity for a substantial refund from the IRS.
To learn more about the ERTC pre-qualification service visit their websites at ERTC Express.
Massachusetts Tax Alert is a company dedicated to helping businesses grow by providing comprehensive business consultancy and development services across all sectors. Their subsidiary, ERTC Express, focuses on maximizing refunds through employee retention tax credits. With a team of certified public accountants, they aim to ensure businesses can take full advantage of the ERTC program.