LP Consulting LLC has announced an update to its claim assistance service for hotels who want to find out if they qualify for the ERTC (Employee Retention Tax Credit.)
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Just in time for the last chance to file a retroactive ERTC claim for the 2020 tax period, LP Consulting has expanded its services, offering a simple process for hotel owners who want to see if they're eligible for COVID-19 funding. With the help of the CPA's expertise in ERTC claims, businesses can optimize the refund, with the potential to receive up to $26,000 per W-2 employee.
Those interested can find additional details at: https://get26k.com/
As pointed out by LP Consulting, the ERTC is an unprecedented stimulus that was legislated under the CARES Act. However, many businesses miss out on the opportunity as they are not aware that they qualify. By providing a simple online form to make a pre-qualification assessment, LP Consulting wants to help more hotels find out how much they can claim.
With lockdowns and travel restrictions implemented during the pandemic, hotels were among the industries hardest hit. In fact, a study from Boston University found that out of 995 hotels, 869 had been transferred due to COVID-19. Furthermore, 356 of the hotels were over 90 days delinquent on their mortgage payments, and 165 were in foreclosure, underlining the financial distress the industry went through.
LP Consulting's online form takes approximately 15 minutes to fill out, and the CPA will make a detailed analysis of how much the client qualifies for. To ensure that the claim is compliant with IRS regulations, three different accountancy teams will review the application before submitting it.
Hotels have until the 15th of April 2024 to claim up to $5,000 per W-2 employee. The deadline to claim $21,000 per employee for 2021 tax periods is the 15th of April 2025, and startups could qualify for up to $33,000.
"We only specialize in maximizing Employee Retention Tax Credits for small business owners," the company spokesperson said. "You won't find us preparing income taxes, compiling financial statements, or providing attestation services of any kind. When you engage us, rest assured that you've hired the best CPA Firm to lock in this one-time opportunity for a large refund check from the IRS."
For more information, please visit: https://get26k.com/
Contact Info:
Name: Leonard Palmer
Email: Send Email
Organization: LP Consulting LLC
Address: 3648 Gruber Rd, Monroe, Mi 48162, United States
Website: https://get26k.com/
Source: NewsNetwork
Release ID: 89125593
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