Wanchai,China - May 27, 2022 /PressCable/ —
In 2020, when the pandemic struck, the world was unprepared, and many Portland businesses suffered devastating losses or even permanent closures. Businesses that experienced significant declines in their revenue, or had to close their doors temporarily due to government orders such as a lockdown, may claim tax credits using a new application process launched by Ampifire.
To learn more about tax credits for small businesses in New York, visit https://fountainpr.com/wordpress
The federal government created several pandemic relief programs that helped both employers and employees, and through one of those programs, the Employee Retention Tax Credit, many businesses still have unclaimed rebates. The new fast application from Ampifire can help employers find out if they are eligible, and complete their claim, with a total time commitment of 15 minutes or less.
The ERTC program was originally intended to last for only a single fiscal quarter, with very limited eligibility. However, after going through several rounds of amendments, the program was extended until September 2021, and the eligibility was expanded to include non-profit organizations, startups, and new businesses founded during the pandemic.
One of the most significant changes to the program was the inclusion of Paycheck Protection Program (PPP) recipients. Under the original guidelines, companies that received a PPP loan were excluded from the ERTC program, but that was changed in the Consolidated Appropriations Act, allowing them to qualify for tax credits.
Ampifire has also created a short, 10-question eligibility assessment that can determine if a business qualifies for a rebate, with no cost, and no obligation. The assessment is available on the company’s website, can be completed in approximately one minute, and requires no proprietary business information.
Eligible employers may claim up to $26,000 per employee in rebates, that do not need to be repaid, with no restrictions on how the funds can be spent. The new 15 Minute Refund program from Ampifire can help employers to calculate their tax credits and is guaranteed to provide the maximum allowable rebate.
There is no fee to take the assessment and no out-of-pocket expenses – all fees are deducted as a percentage of the final tax refund.
For more information about the 15 Minute Refund program, or to take the no-cost eligibility assessment, visit https://fountainpr.com/wordpress
Contact Info:
Name: Chris Munch & Jay Cruiz
Email: Send Email
Organization: MunchEye
Address: 14/F China Hong Kong Tower, 8 Hennessy Road, Wanchai, Hong Kong Island 1, China
Phone: +1-302-261-5332
Website: https://muncheye.com/
Source: PressCable
Release ID: 89075852
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