Restaurant Business Owners are entitled to a Favorable Employee Retention Credit
"You can still qualify if you've received a PPP loan, and the ERTC is not a loan you have to pay back- it's a rebate on taxes paid.", says Mike Azzara of Restaurtantfunds.org
The employee retention tax credit made available by the Coronavirus Aid, Relief, and Economic Security (CARES) Act is still available to restaurant businesses even though Congress decided to end it on September 30, 2021, three months earlier than anticipated. Some restaurants that previously felt they were ineligible for this tax credit may be allowed to use it. This potential opportunity resulted from the IRS's guidelines, which were published in August 2021-the month before the credit ended.
Additionally, we have procured a law firm that may be able to write an opinion letter on your behalf if you were told you didn't qualify originally. This is an industry first.
The employee retention credit initially permitted a 50% credit for W2 wages paid to restaurant workers and other employees for the second through fourth quarters of 2020, and then a 70% credit for wages paid for the first through third quarters of 2021, if the business either had its operations suspended due to COVID-19-related government orders or experienced a significant decline in gross receipts. Loans from the Paycheck Protection Program used to cover wages were not eligible for the credit. For the first through third quarters of 2021, this cap was increased to $7,000 per employee every quarter (for a total maximum credit of $21,000 per employee for 2021). The maximum credit for 2020 was $5,000 per employee. Payroll tax contributions made by the employer are reduced by the credit.
Why do I need Restaurantfunds.org?
1. We Promise Local And Small To Medium Sized Businesses The Maximum Refundable Credits.
2. We made the claim process so simple that it just takes 15 minutes to complete.
3. No upfront fees are necessary to qualify; eligibility is entirely dependent on your refund.
4. We provide IRS Support with Audit-Proof Documentation.
5. No other CPA firm provides our benefits- your submission is checked by three firms to be sure of accuracy, we are the first to have partnered with a law firm for opinion letters, and have partnered with a hedge fund for extra quick funding for those who need it.
Please take note that we solely focus on helping restaurant owners maximize Employee Retention Tax Credits. We don't conduct financial statement compilation, income tax preparation, or any other kind of attestation work.
You can submit your restaurant with our 10 question easy form on https://restaurantfunds.org, or you can call or text Mike at 810-964-3316 for immediate help.
Millions of dollars will go unclaimed despite the government authorizing an extraordinary stimulus, so when you employ us, you can be confident that you've hired the best certified public accountant (CPA) Firm to lock in this one-time opportunity for a large refund check from the IRS.
3280 N. Elms Rd.
Flushing, Mi 48433
https://Restaurantfunds.org is the latest resource from ERTC Credit Service, a company dedicated to providing businesses with high level, expert accountants to help businesses claim their refund without audit or denial.
This limited time program will expire in 2023 (to claim all periods.) It is a very difficult to understand program that requires the help of an expert to navigate successfully, which is why we've brought together the best experts in the country to service your businesses needs.
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