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Employee Retention Credit: GovernmentAid Launches ERC Fund Covid Relief Program

The idea for creating the Employee Retention Credit Program came about after Bottom Line Concepts got aware of the fact that the Employee Retention Credit underwent several changes and has many technical details, including how to determine qualified wages, which employees are eligible. Bottom Line Concepts also found that In a global economic downturn, layoffs have become commonplace. Employees who are uncertain about their future work less efficiently and overall work place morale and environment are diminished.

The cost of reacquiring employees down the road means hard dollars paid to recruiters and soft dollars on training and education. These facts and trends require specific attention and more intensive review and analysis by a partner just like Bottom Line Concepts because in order to survive the complexity of the marketplace businesses need to be able to find a reliable partner that gives them all the savings and funding programs that they might be eligible for. A partner like Bottom Line Concepts breaks down these complicated government savings programs and comes up with clear answers, plans, actions, and results to its clients.

GovernmentAid, a division of Bottom Line Concepts did something different compared to other businesses in the contingency-based cost savings, audition for refunds, negotiation for savings, and financial relief space, by increasing the profitability and overall valuation of their client’s organizations.

Bottom Line Concepts believes strongly in all species being created equal. Therefore, animal rights, sustainability and protecting the environment for the future generations is paramount to them. Through Bottom Line Concept’s “Line Up For Charity” program they give their clients the opportunity to donate part of the cost savings they achieve to causes their clients are passionate about. Bottom Line Concepts provides a work environment where their clients can make a difference.

The Employee Retention Credit Program really came into play during the post Covid-19 phase. ERC is a stimulus program designed to help those businesses that were able to retain their employees during the Covid-19 pandemic.

Established by the CARES Act, it is a refundable tax credit – a grant, not a loan – that businesses can claim. The ERC is available to both small and mid-sized businesses. It is based on qualified wages and healthcare paid to employees.

Bottom Line Concepts therefore launched their Government Aid Division to help small businesses impacted by Covid-19 and specialize in Maximizing the Employee Retention Credit (ERC) Program and this is how GovernmentAid, a division of Bottom Line Concepts was specifically created. The GovernmentAid division is specifically dedicated to helping and assisting clients with various forms of financial relief, particularly, the Employee Retention Credit Program.

The ERC program began on March 13th, 2020 and ends on September 30, 2021, for eligible employers. Businesses can apply for refunds for 2020 and 2021 after December 31st of this year, into 2022, 2023 and beyond.

Bottom Line Concepts has clients who received refunds only, and others that, in addition to refunds, also qualified to continue receiving ERC in every payroll they process through December 31, 2021, at about 30% of their payroll cost. Bottom Line Concepts has clients who have received refunds from $100,000 to $6 million. Businesses can claim up to $5,000 per employee for 2020. For 2021, the credit can be up to $7,000 per employee per quarter. Up to $26,000 per employee can be claimed. There is no limit on funding. ERC is a refundable tax credit.

The GovernmentAid services include a thorough evaluation regarding a businesses’ eligibility, comprehensive analysis of a businesses’ claim, guidance on the claiming process and documentation, specific program expertise that a regular CPA or payroll processor might not be well-versed or does not even know about, and fast and smooth end-to-end process, from eligibility to claiming and receiving refunds.

Bottom Line Concepts is serving businesses like America’s Kids, Apple Bank, Burger King, Choice Hotels, Colliers International, Domino’s Pizza, Inc, 1800 Pet Supplies, Rolex Watch U.S.A, Technicolor, United States Government Department of Veteran Affairs and more.

Bottom Line Concept’s ultimate business goal is to offer processes and tools that are based on their in-depth analysis of a client’s business. They bring a holistic perspective to the broad range of areas in which significant savings can be realized for the business.

Bottom Line Concepts applies a unique approach with a team of experts behind each categorical analysis to deliver the greatest savings possible.

What makes Bottom Line Concept’s approach so different from their competitors is that they offer a promise to each new client that is based on zero risk on the part of the business, zero out of pocket cost, and zero obligations for the business while providing results that beat the industry standard. Bottom Line Concepts has worked with more than 7,000 clients and has successfully brought over $2.2 billion dollars in recovery since 2009.

GovernmentAid enrolled 7,257 businesses, recovered 1,860,345,000 credits, and qualified 211,271 employees. GovernmentAid provides this service and process for free.

For more facts and further information about GovernmentAid, a division of Bottom Line Concepts that specifically deals with the Employee Retention Credit Program: https://internetmoneykings.com/employee-retention-credit-2022

Businesses can still get qualified for the Employee Retention Credit Program and get a refund from the government. The qualification process is quick and consists of a few simple questions to determine whether a business qualifies for the ERC. GovernmentAid analyzes a businesses’ claim and computes the maximum amount a business can be refunded. The team guides the business through the claiming process including proper documentation.

To get qualified and get the refund from the government, just answer a few simple question here: http://harperstribune.com/ercfund

Please only fill out the above form if the business has 5 W2 employees, is located in the USA, and has not received ERC.

This application and process is based on zero out of pocket cost for the business and the business will receive the amount of the refund that the business is qualifying for from the government. The business is guided through the whole process from A to Z by GovernmentAid free of charge.

Contact Info:
Name: Kyrsten Ohara
Email: Send Email
Organization: Harpers Tribune
Address: 353 West 57th Street, New York, New York 10019, United States
Website: https://harperstribune.com/erc

Source: PressCable

Release ID: 89079077

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