Chicago ERTC 2022 Covid Relief Funds For SMBs | Application Help Service Launch

Palatine,United States - June 3, 2022 /PressCable/ —

Since 2020, a large share of Chicago-based businesses have been affected by the pandemic, prompting them to resort to temporary closures or operate with a reduced workforce. They can now claim Employee Retention Tax Credits (ERTC) from the federal government, using a fast application service launched by NuWay Business Solutions.

To learn more about tax credits for Chicago businesses, or the fast application process, please visit their website here – Apply for ERTC.

By partnering with a firm of ERTC specialist CPAs, the company now offers a new 15 Minute Refund program that helps small to medium-sized businesses claim their maximum allowable rebate, with a minimum time commitment. Every claim is examined by a specialist CPA and provides the optimal amount for that business, guaranteed.

To qualify for rebates, a business must have suffered financial losses during the pandemic, which can be proven by comparing its gross receipts to the figure recorded in the same fiscal quarter of the previous year. Alternatively, a business may also be eligible if they had to temporarily close their business due to a government order, such as a lockdown, or had to operate with a limited capacity.

Employers can determine the eligibility of their business by taking a brief 10-question assessment from NuWay Business Solutions, which requires no proprietary business information. The no-cost, no-obligation assessment can be completed in approximately one minute.

Eligible employers will receive a link to a secure server where they can complete their claims in 15 minutes or less. They will be asked to upload several documents, which the CPAs will use to calculate their maximum rebate, complete the required paperwork, and help them file an amendment to their 941 returns. There is no cost to any company that does not qualify and receive a rebate.

Employers who have already received a loan through the Paycheck Protection Program (PPP) may also qualify for tax credits. However, unlike the PPP, the ERTC provides employers with tax rebates, and not loans, so the funds do not need to be repaid, and have no restrictions on how they can be spent.

The ERTC program is open to small to medium-sized businesses with between 2 and 500 W-2 employees, startups, non-profit organizations, and new businesses.

For more information about claiming ERTC in Chicago, or the 15 Minute Refund program, please visit https://localertcfundingexperts.com

Contact Info:
Name: Brian Pawl
Email: Send Email
Organization: NuWay Business Solutions
Address: 874 W Kenilworth Ave, Palatine, IL 60067, United States
Phone: +1-312-752-4355
Website: https://nuwaybizsolutions.com/

Source: PressCable

Release ID: 89076172

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