Are you unsure if your business is eligible for ERTC funding? Do you want to know how the eligibility criteria have changed in 2023? Find out in FTCO ERC Pros’ updated business owners guide to apply for ERC.
Keeping track of the changes made to ERTC funding is almost as complicated as the application process. That’s why FTCO ERC Pros have updated their ‘How Do I Apply For ERC Tax Credit’ guide with details on the changes made in 2023, the eligibility criteria, and the overall application process.
In the guide, FTCO ERC Pros’ Employee Retention Credit specialist and small business consultant Paul Kohn explains how business owners like you can now receive backdated ERTC credits for salaries up to and including 31 December 2021.
Visit https://federaltaxcredits.org/how-do-i-apply-for-erc-tax-credit/ for more information.
The guide also advises that, due to the complicated application requirements and filing processes, you should seek professional guidance prior to making a claim.
Despite the availability of ERTC funding, many business owners are yet to make a claim due to misunderstandings of the funding’s qualifications and the modifications made to the eligibility criteria by the IRS. By presenting all the need-to-know ERTC information, FTCO ERC Pros’ guide helps you get your owed funding if you haven’t started your claim.
As the guide explains, Employee Retention Tax Credits were made available to help support businesses that retained their employees during the pandemic. Initially, the eligibility for this funding was between 13 March 2020 to 31 December 2020, but recent changes have expanded this date range to 31 December 2021.
The IRS is extending the window to make claims for that period. The amended filings are as late as November 2024 and possibly April 2025.
While the availability of ERTC funding is something all business owners should look into, FTCO ERC highlights that the application process is not a simple one. Furthermore, as an incorrect filing could lead to a failed IRS audit, FTCO ERC advises that you seek guidance from a CPA firm that specializes in ERTC funding to assist with your application.
Alongside their educational guide, the FTCO ERC team also provides a comprehensive service if you want to successfully apply for and receive your owed employee retention tax credits in 2023. The company’s site also features an extensive FAQ with more information regarding ERTC funding.
If you want to learn how much your business could be owed, you can find a short eligibility checking service on the company’s site to get started with your application.
A spokesperson for the company said, “Our team of professional ERC experts specializes exclusively in this area of business accounting and knows all the best practices to ensure your business gets the most significant refund and less chance of triggering an IRS audit.”
Learn how to get your ERTC funding with FTCO ERC updated guide for 2023.
Check out the full guide at https://federaltaxcredits.org/how-do-i-apply-for-erc-tax-credit/
