ERTC Consulting – New York (NY)
New York ERTC Tax Consulting
New York businesses have endured many challenges since the start of the COVID-19 pandemic, including forced business closures, capacity restrictions, safety regulations, and more. This has resulted in significant financial challenges requiring many to explore the various relief programs offered by the Small Business Administration (SBA). While some have already received a Paycheck Protection Program (PPP) loan or an Economic Injury Disaster Loan (EIDL), other options are available.
New York ERTC Tax Credit 2021
Companies can also take advantage of the Employee Retention Tax Credit (ERTC). Recent legislation extended the credit through December 31, 2021, and increased the maximum savings to $28,000 per employee over a four-quarter period. The eligibility criteria were modified to permit those with a 20% reduction in business in a 2021 quarter, when compared against 2019, to participate. Since it is a refundable credit, any amount which exceeds your payroll tax liabilities will be refunded in a check.
New York Small Business Profile
New York ERTC Consulting Experience
Adams Brown, Strategic Allies and CPAs, offers ERTC reviews, assessments, and consulting services to businesses in New York. The constantly shifting ERTC guidance has left many seeking outside guidance to ensure the maximum amount is received. Real estate, construction, nonprofits, retail, restaurants, agribusiness, oil & gas, and hospitality companies are some that we’ve helped so far. The result is immediate tax savings for your business backed by a team that understands the intricacies of the filing process.
Let's Get Started
If you are interested in learning more about the Employee Retention Tax Credit services offered to New York (NYC) and New York companies, fill out the form below, and we’ll be in touch.
New York (NY)