2024 ERTC Qualification Check for Hospitality Industry: Claim Assistance Updated

LP Consulting LLC has announced enhanced its ERTC claim assistance services to the hospitality industry, helping clients find out if they're eligible so that they can get refunded for keeping W-2 employees on the payroll.

LP Consulting, a CPA who specializes in the ERTC (Employee Retention Tax Credit), now offers updated claim assistance services to businesses in the hospitality industry. Business owners can still apply until the 15th of April 2025 for 2021 tax periods, with the potential to receive a tax refund of up to $21,000 per W-2 employee.

Additional details can be found at: https://get26k.com/

The hospitality industry was hit hard by restrictions and shutdowns. By providing a simple process for claiming the ERTC, LP Consulting wants to help restaurants, bars, and hotels recover some of their losses.

"We only specialize in maximizing Employee Retention Tax Credits for small business owners," a spokesperson for the company said. "By answering a few simple, non-invasive questions, our team of ERTC experts can determine if you likely qualify for a no-strings-attached tax credit."

According to the University of Houston, the hospitality industry was the sector hardest affected by workforce reduction, with over 8 million jobs lost in the US. While no one was prepared for how the pandemic would affect their industry, hospitality businesses were among the ones least prepared, causing many to lay off members of staff, which has caused widespread recruitment issues. The ERTC was legislated as a reward for those employers who kept their employees on the payroll despite financial hardship.

LP Consulting's process is straightforward and designed with busy businessowners in mind; to start a pre-qualification check, clients fill out a 15-minute online questionnaire. LP Consulting's team of CPAs will review factors like when a business was registered and revenue decline to determine if it's eligible and how much it can claim.

When the amount and qualification have been established, LP Consulting's team will file the claim with the IRS to ensure that it's audit-proof. As experts in the ERTC, the CPAs secure 40-120% larger refunds than large payroll companies.

About LP Consulting LLC

The consultant is based in Monroe, MI, but has helped businesses spread across the whole nation claim their ERTC. For example, a Floridan restaurant ownership group with 224 W-2 employees got a $1,120,000 credit, and a Houston restaurant with 80 employees received $400,000 with the help of LP Consulting.

Interested parties can learn more at: https://get26k.com/

Contact Info:
Name: Leonard Palmer
Email: Send Email
Organization: LP Consulting LLC
Address: 3648 Gruber Rd, Monroe, Mi 48162, United States
Website: https://get26k.com/

Source: NewsNetwork

Release ID: 89131113

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