ERTC
The impact of COVID-19 is being felt across the nation. Both large and small employers have suffered from government-mandated shutdowns, supply chain issues, or reductions in services or goods offered to customers.
The Employee Retention Tax Credit (ERTC) was included in the CARES Act and is a refundable tax credit that businesses can claim for 2020 and 2021 on qualified wages paid to employees. Many businesses are unaware they qualify. Don’t miss your opportunity to recover tax credits for your business.
R&D
The R&D tax credit is now available to any U.S. business that spends time and resources on new development, improvements, or technological advancements in an effort to improve upon its products or processes.
Many misconceptions surrounding the new regulations are that it is difficult to apply for the credits and that it is restricted to a small group of industries. This could not be further from the truth. The business tax incentive process is easier to navigate, and you may be able to go back three years to file for credits that were earned but not claimed.
Recent Tax Credit Examples
$85,000 -
Real Estate Office
$262,000 -
Commercial Construction Company
$134,000 -
Dental Practice
Other industries include:
> Architecture
> Automotive
> Biotech/Life Sciences
> Construction
> Distribution
> Electricians
> Electronics
> Energy
> Excavators
> Fabricators
> Food Processors
> HVAC
> Insurance
> Medical Devices
> Oil & Gas
> Pharmaceuticals
> Plumbers
> Real Estate
> Telecommunications
> Transportation, and many more.
CONTACT
MANCUSO CONSULTING GROUP
OUR ADDRESS
731 Bielenberg Drive, Suite 202
Woodbury, MN 55125
Email: info@recovermytaxcredits.com
Tel: 651-503-7355