ERTC Application During IRS Moratorium: Tax Experts Help Businesses Apply
The current moratorium by the IRS significantly slows down processing of new ERTC claims - but, contrary to a popular misunderstanding, it does not mean that application is no longer possible, explains Growth Management Group.
Yes, you can still apply for ERTC during the moratorium - you just have to make sure you're eligible, and that your application is 100% correct.
The best way to do that? Working with tax pros!
An experienced tax consulting company with over 19 years of experience, GMG offers complete solutions - from eligibility assessment to ERTC application.
The IRS moratorium and the ensuing guidelines signal the need for businesses considering applying for the ERTC to work with expert CPAs and tax professionals to determine eligibility and ensure their claims are qualified.
A significant problem has been the growing numbers of claims made at the pressure of unscrupulous marketing companies making unjustified promises to businesses who either did not qualify for the ERTC, or only qualified for a smaller refund.
Growth Management Group has extensive experience helping businesses across sectors access eligible tax refunds, and uses a strict eligibility check to ensure each business they work with qualifies for the ERTC.
As part of its latest update, the Group raises awareness of the eligibility criteria for the ERTC.
“For 2020, businesses must have either experienced a full or partial shutdown of operations during the year because of COVID OR had a 50% or more decline in gross receipts in any quarter,” explains the company. “You do not have to have experienced both of these qualifications but rather one or the other to qualify. For 2021, businesses must have either experienced a full or partial shutdown or a more than 20% decline in gross receipts in any quarter.”
Growth Management Group helps businesses across sectors determine their ERTC eligibility and file their ERTC application.
Check out the link in the description to get started! Growth Management Group City: Fenton Address: 15173 North Rd Suite 200, Fenton, Michigan 48430, Website https://gmg.me/pages/the-clock-is-ticking-erc/134697 Phone 19172325811 Email enterprisekitchen@gmail.com
