Employee Retention Credit (ERC / ERTC) IRS Tax Refund Services from Disaster Loan Advisors™’s Post

Employee Retention Credit (ERC Credit / ERTC Credit) Quickstart Guide from Disaster Loan Advisors What is the last major COVID financial relief program available for small businesses? It’s called the Employee Retention Credit where you can claim up to $26,000 for each employee you had on payroll in 2020 and 2021.  The Employee Retention Credit program is a business tax refund directly from the Internal Revenue Service (IRS). You have up to 3 years to claim the ERC Credit by filing the correct IRS Form 941-X for each quarter you are eligible. To maximize your ERC Refund, it’s based on eligibility per quarter per employee, and calculating accurately. Any PPP Loans received, and any majority owners and their family members that work for the business, must be subtracted out. It's a confusing, complex, and complicated process! Learn How To Claim The Employee Retention Credit without paying a percentage of your hard-earned ERC Refund. #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #ERCCredit #ERTCCredit #ERCRefund #941x #Form941x #IRS #IRSRefund #IRSTaxRefund

Alaska Hotels, Resorts, Hospitality ERC Tax Credit in AK (revised 2024) https://lnkd.in/guPEtkwX Key ERC Credit Takeaways: - AK Hospitality ERC Benefits: Hotels can recover financially with this tax credit. - ERC Amount: Get a refundable credit of 70% of qualified wages. - Maximize Your Tax Credit: Learn how to claim this beneficial refund. - Employee Wages Qualify: Understand which wages are eligible for the credit. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

Vermont Hotels, Resorts, Hospitality ERC Tax Credit in VT (updated 2024) https://lnkd.in/gYmf3s46 Key ERC Credit Takeaways: - Claim up to 70% of qualified wages as a tax credit. - Helps retain employees during challenging times. - Significant aid for the hospitality sector. - A refundable credit for overcoming operational hurdles. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

Rhode Island Hotels, Resorts, Hospitality ERC Tax Credit in RI (2024 updates) https://lnkd.in/gpCadB3y Key ERC Credit Takeaways: - Rhode Island Hotels Can Benefit: RI hospitality businesses may be eligible for the Employee Retention Credit. - Significant Tax Incentive: The credit offers substantial aid to legal-related and other businesses in RI. - Helps Retain Employees: Designed to encourage businesses to keep their workforce during difficult times. - Up to $2,400 Credit Per Hire: RI employers hiring from certain groups may receive a tax credit per individual. - Credit Over Five Years: The Rebuild Rhode Island Tax Credit can provide long-term financial support. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

Wyoming Hotels, Resorts, Hospitality ERC Tax Credit in WY (revised Jan. 2024) https://lnkd.in/gneWEpne Key ERC Credit Takeaways: - Up to $26,000 per Employee: Hotels can receive a substantial tax credit for eligible employees. - Hospitality Sector Benefits: The ERC is specifically available for hospitality businesses. - ERC Extends to Resorts: Resort owners can also take advantage of the ERC tax credit. - Partnerships Can Qualify: Principals and partners in hospitality may be eligible for ERC. - Professional Assistance Available: Experts can help hospitality businesses claim the ERC. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

Montana Hotels, Resorts, Hospitality ERC Tax Credit in MT (updated January 2024) https://lnkd.in/gWRuH64Q Key ERC Credit Takeaways: - Financial Impact on Montana Hospitality: Montana hotels financially affected by COVID automatically qualify for ERC. - Eligibility Through Government Mandates: Shutdowns or reduced service due to government orders ensure ERC eligibility. - Consulting Available: Free consultations can determine if your hotel qualifies for an ERC refund. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

North Dakota Hotels, Resorts, Hospitality ERC Tax Credit in ND (revised 2024) https://lnkd.in/ggc5GbZ6 Key ERC Credit Takeaways: - 70% Wages Covered by ERC: Up to 70% of qualified wages are refundable for eligible North Dakota hospitality businesses. - Credit Extended Until 2024/2025: North Dakota businesses can benefit from the ERC for an extended period. - Tax Code Adjustments Affect ERC: Recent legislative changes have modified the credit, impacting eligibility and claims. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

South Dakota Hotels, Resorts, Hospitality ERC Tax Credit in SD (updated 2024) https://lnkd.in/gCxXZbwP Key ERC Credit Takeaways: - The tax credit amounts to 70% of qualified wages paid to employees. - This credit aims to help retain employees and maintain operations. - It is designed to provide significant benefits to eligible establishments. - The credit is part of measures to alleviate the impact of challenging economic times. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

District of Columbia (Washington DC) Hotels, Resorts, Hospitality ERC Tax Credit in DC (2024 updates) https://lnkd.in/gNW_XAGK Key ERC Credit Takeaways: - Hotels, Resorts, Hospitality Industry Eligibility: ERC benefits for DC hospitality businesses. - Employee Retention Tax Credit Details: Insights into how DC hotels can qualify for the ERC. - Financial Impact for Businesses: Understand the potential tax credit value for your DC hotel. - ERC Application Assistance: Professional guidance available for DC hospitality industry ERC claims. - Maximizing Your ERC Claim: Strategies for DC hotels to fully utilize the Employee Retention Credit. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit

Delaware Hotels, Resorts, Hospitality ERC Tax Credit in DE (revised Jan. 2024) https://lnkd.in/gdBcQQby Key ERC Credit Takeaways: - DE Hospitality ERC Benefits: Delaware hotels can recover financially with this tax credit. - Refundable Tax Credit: Receive up to 70% of qualified wages as a tax credit. - Full & Part-Time Eligibility: ERC tax credits apply to both full-time and part-time employees. - Filing Deadline: File ERC claims by January 31, 2024, for potential benefits. Important 2024 and 2025 ERC Tax Credit Deadline: The 2020 ERC Credit Tax Year deadline of 4/15/24 has already passed. Good news? The opportunity to retroactively claim your business Employee Retention Credit for the prior 2021 Tax Year is still available, with a next year April 15, 2025 deadline. This really is your FINAL chance at any potential ERC tax credit refund! Not all businesses will qualify, as it depends on multiple factors per IRS Rules and Guidelines. You might be leaving significant financial relief on the table from past COVID harm to your business in 2021. In late 2023, the IRS had “temporarily” paused processing. You will still want to check eligibility and file now (if you qualify) because the IRS will resume processing tax credit claims in the order they are received. TAKE ACTION NOW IN 2024 DON’T WAIT! Since the IRS has over 1,000,000+ Quarterly 941-X tax forms in their processing queue, this has caused much longer delays in getting ERC Refund Checks for those that qualify. The IRS processes ERC Claims in the order they are received. If you haven’t previously filed for the ERC Credit, it is worth scheduling a phone call to explore your possible eligibility from the past 2021 business tax year. Again, not all businesses will qualify, but it’s worth a professional deep-dive evaluation. https://lnkd.in/dtr69VW9 #ERC #ERTC #EmployeeRetentionCredit #EmployeeRetentionTaxCredit #TaxCredit