Employee Retention Tax Credit Expert Helps Small Businesses Maximize 2021 Returns

Employee Retention Tax Credit Helps Small Businesses Maximize 2021 Returns

The pandemic has been hard on all of us. Small business owners were hit the hardest, but there's hope yet.  With the extension of the Employee Retention Tax Credit (ERTC), you can claim payroll refunds for the employees you retained during the pandemic - and ScottHall.co is here to guide you through the process.

In response to the ongoing economic impacts of the pandemic, the American Rescue Act changed IRS regulations, making employee retention tax credits available to millions of additional businesses.  ScottHall.co can make sure you secure your ERTC tax credits so that you can weather the current economic uncertainty.

In its 2020 format, the employee retention credit program provided refunds of $5,000 per employee for eligible employers.  Revisions in 2021 saw this increase to as much as $21,000 per employee, calculated across the wages you have paid in Q1, Q2, and Q3.

While paycheck protection program (PPP) borrowers were not eligible for ERTC in 2021, the new report explains that those restrictions were removed in the 2021 guidelines.  This revision has led many businesses to seek further information and assistance with ERTC applications.

ScottHall.co aims to assist small businesses in understanding and applying for the employee retention credit.  Clients are provided with a dedicated account manager who helps them collate the necessary documents and file 941-X amended payroll returns.

Go to https://scotthall.co/empl oyee-retention-tax-credit