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CARES Act Employee Retention Tax Credit Eligibility/Application Service Launched

It has been a challenging time for business owners across the US, with many companies having to make redundancies to survive the pandemic. In light of this, a tax support consultancy announces eligibility and application services for the employee retention and tax credit (ERTC) program.

Chicago, United States - February 25, 2022 /PressCable/

MYRAJ Prosperity Group’s latest launch offers employers a swift and simple way to check if their company is eligible for the financial Federal support programs that were enacted in the wake of government-directed shutdowns in 2020 and 2021.

More details can be found at https://myrajercprogram.com

The announcement details the expanded scope of this welcome tax relief initiative. The MYRAJ team can help employers claim back a maximum of 70% of wages up to the value of $10,000 per employee in quarters one, two, and three of 2021.

Rolled out as part of the Coronavirus Aid, Relief and Economic Security (CARES) Act in March of 2020, the ERTC provided a vital lifeline for many employers throughout the worst of the pandemic. The legislation injected over $2.2 trillion into the US economy to shore up ailing businesses and keep workers on the payroll.

While businesses that had initially taken out PPP loans to weather the financial storm brought on by the Covid crisis were at first disqualified from the ERTC funding, subsequent amendments have expanded the eligibility criteria. MYRAJ Prosperity clients can now fill in a simple questionnaire on the company website to find out if they can now make a claim.

Applicants can now upload their 941 returns, PPP loan documents, and raw payroll data on MYRAJ Prosperity’s secure web portal. The team calculates the amount for which clients are eligible and takes care of the entire process. Customers can expect to receive their rebate check directly from the IRS.

The company even assists with the process of completing the 941 amended payroll returns. MYRAJ ensures an audit-proof paper trail to safeguard against future IRS investigations.

About MYRAJ Prosperity

Led by founder and CEO Martha Aviles, the company is dedicated to helping employers access all the financial aid available to them. Navigating the complexities of the tax system can be a time-consuming and confusing process. MYRAJ Prosperity does the heavy lifting so business owners can concentrate on the day-to-day running of their operations.

A spokesperson says, “If you have at least 5 W-2 employees and you operated under a full or partial shutdown order, you could be eligible for the ERTC.”

With its latest ERTC service updates, MYRAJ Prosperity continues to help employers keep their workforces intact and build a solid future in the post-pandemic era.

For more information, please visit https://myrajercprogram.com

Contact Info:
Name: MYRAJ ERC Program
Email: Send Email
Organization: MYRAJ Prosperity Group
Address: 444 N Michigan Ave, Suite 1200, Chicago, Illinois 60611, United States
Phone: +1-844-476-9725
Website: https://myrajercprogram.com

Source: PressCable

Release ID: 89065754

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