Heros ERTC has updated its process for pre-qualification assessments for restaurants and bars that want to claim COVID-19 tax relief.
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Businesses in the hospitality industry, like restaurants and bars, who want to see if they're eligible for the ERTC (Employee Retention Tax Credit) can fill out a quick online form on Heros ERTC's website. The CPA (Certified Public Accountant) specializes in COVID-19 relief claims and can help business owners maximize the rebate, with the potential to receive as much as $26,000 per W-2 employee.
For more information, please visit: https://herosertc.com/heroic-business-owner/
With many updates and changes in deadlines and regulations regarding the ERTC, many businesses are not aware that it's still possible to retroactively claim the tax credit for the 2020 and 2021 tax periods. As a specialist in COVID-19 relief, Heros ERTC can help restaurant owners find out how much they qualify and ensure that the claim is audit-proof.
According to a Forbes article, the IRS processing time is down from 40,000 claims per week to 1,000-2,000 per week. The prolonged handling is due to a thorough analysis of each case to ensure that the businesses are eligible after receiving a large amount of fraudulent or incorrect applications, underlining the need for professional claim assistance.
"When claiming the Employee Retention Credit, it's crucial to stay vigilant against potential scams and ensure full compliance with program requirements," a spokesperson for the company said. "By seeking professional guidance and accurately reporting financial data, businesses can safeguard themselves against fraudulent activities and maximize the benefits of the ERC program."
Restaurants that want to be compensated for keeping W-2 employees on the payroll during the pandemic can fill out Heros ERTC's questionnaire. It's a no-obligation form that takes approximately 15 minutes to answer and only has non-invasive questions. The accountants will start a pre-qualification assessment, and three CPA teams will review the application before being submitted to the IRS to maximize the claim while adhering to the latest updates.
Heros ERTC has identified that a common issue with the ERTC program is that many business owners are not aware that they are eligible due to misunderstandings, saying that 75% of the company's clients were not aware of their eligibility before contacting Heros ERTC.
A previous client, Bob K, the owner of a BBQ restaurant in Missouri, said, "In less than three weeks, we discovered we were eligible for over $400k in tax credits! I still can't believe this is real!"
Interested parties can find more information at: https://herosertc.com/heroic-business-owner/
Contact Info:
Name: Peter White
Email: Send Email
Organization: Heros ERTC
Address: 2340 East Main Street, Cushing, Oklahoma 74023, United States
Website: https://herosertc.com/
Source: PressCable
Release ID: 89123669
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