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

Massachusetts Hotels, Resorts, Hospitality ERC Tax Credit in MA (updated 2024) https://lnkd.in/g9HgN4py Key ERC Credit Takeaways: - ERC for MA Hospitality: Hotels in Massachusetts can claim the IRS tax credit. - Free Consultation Available: Schedule a no-cost discussion for your MA hotel. - Financial Impact Assistance: Aid for hotels affected by COVID-19 disruptions. - Tax Credit Details: Learn the specifics of the Employee Retention Credit. - Enhance Your Cash Flow: Utilize the ERC to improve your hotel’s finances. 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

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