CARES Act ERTC Relief Funds – Small Business Fast CPA Application Launched

Mon Apr 4, 2022 - 12:39pm GMT+0000

Georgia,United States – March 22, 2022

When the Consolidated Appropriations Act was passed in 2021, making amendments to the CARES Act, it expanded the eligibility for pandemic relief funds, causing a backlog in the waiting list for rebates. The new Employee Retention Tax Credit (ERTC) application process launched by Media Retina allows business owners to receive their rebates in as little as 4 weeks.

For more information about ERTC rebates and the Media Retina application process, please visit https://ertcpayout.com

In partnership with a firm of CPAs that specialize in ERTC rebates, Media Retina has launched a 15 Minute Refund program that helps employers to complete their entire application process with only a 15-minute commitment. This program is not available from other sources and is guaranteed to maximize tax credits for small to medium-sized businesses.

With the eligibility for ERTC funds expanded, employers with up to 500 full-time employees on average may now apply, as well as non-profit organizations, startups, and new businesses. Companies founded during 2020 and 2021 may be eligible for up to $100,000 as a “recovery startup business.”

When the eligibility rules were expanded, the maximum amount employers could claim was also increased, from 50% – 70% of their first $10,000 paid to each eligible employee. Through the duration of the ERTC program, employers may claim up to $26,000 per employee.

Many employers believe they are not eligible for ERTC funds because they enrolled in the Paycheck Protection Program (PPP.) Though that was true originally, those requirements were also changed in 2021, and they are now eligible for both programs.

The ERTC program differs from the PPP by being a onetime tax credit and not a loan, so ERTC funds do not need to be repaid, and there are no restrictions on how employers can spend their rebates. Having enrolled in the PPP program will not affect an employer’s eligibility for ERTC funds, or lower the amount they are eligible to claim.

Recent satisfied clients of the 15 Minute Refund program include a presentation design agency in Nashville that received $162,979 for wages paid to 19 employees. They also helped a restaurant ownership group in Florida to receive a rebate of $1,120,000.

For more information about ERTC rebates and the 15 Minute Refund program, please visit https://ertcpayout.com

Contact Info:
Name: Kayode Ogunbiyi
Email: Send Email
Organization: Media Retina
Address: 2002 Commerce Drive, Suite 100 Peachtree, Georgia, Atlanta GA 30269, United States
Website: https://ertcpayout.com

Source: PressCable

Release ID: 89071633