Isanti-Chisago County Star Partners with Easy Tax Credits, LLC - Major New Federal Tax Credits Available to Most SMBs

Major new federal tax credits available to most SMBs

You might recently have begun to see or hear ads for tax consultants touting their ability to help businesses get up to $26,000 in tax credits per employee. Many businesses have questioned (1) whether this is a real tax credit program, and (2) whether these tax consultants are legitimate.

The answer is, Yes, the Employee Retention Tax Credit (ERTC) is a real federal tax credit where business of up to 500 employees can receive a refundable tax credit of up to $26,000 per employee! That means that a ten-person business could receive up to $260,000 and a 100-person business could receive up to $2.6 million in ERTC funds. These funds are not a loan, so do not need to be paid back, and unlike the Payroll Protection Program (PPP), the funds can be used on anything you like.

Then there is the question as to whether these tax consultants are legitimate. The answer is, sometimes yes and sometimes no.

So to assist businesses in our area, the Isanti-Chisago County Star has partnered with Easy Tax Credits, LLC, whose team of lawyers and accountants are trusted experts with ERTC. The Isanti-Chisago County Star has chosen to partner with Easy Tax Credits not only because of its team’s expertise with ERTC, but also because it provides low fees of only 20%. Easy Tax Credits also has zero upfront fees, so you only pay when you get your check from the IRS. The firm does all of the necessary analysis and paperwork.

The process to find out if you’re eligible is easy and usually only takes a fifteen-minute call with one of the experts at Easy Tax Credits. You can schedule a free, no obligation call with Easy Tax Credits on its website, EasyTaxCredits.com, or by calling 1-234-CREDITS (1-234-273-3487).

The best part of our partnership with Easy Tax Credits is that the Isanti-Chisago County Star has a special bonus offer for any of the businesses who sign up with Easy Tax Credits and are eligible for ERTC. This special bonus offer includes:

• $1,000 of free advertising with the Isanti-Chisago County Star.

Just use the referral code Isanti-Chisago to take advantage of this special bonus offer.

With only 20% of businesses having claimed the ERTC so far, we know that many of you are likely unaware of this great one-time tax credit. Because the credit is specifically a credit to your payroll taxes, it falls into a grey area between payroll processors and business accountants, so most businesses have missed out thus far. Plus, when ERTC was originally announced, it was very restrictive with limited funding possible. What most people don’t know, however, is that subsequent federal legislation significantly expanded the program, including how a business can qualify and how much funding a business can receive per employee. Even businesses that received PPP loans are now eligible.

The Easy Tax Credits team, which has helped businesses claim hundreds of millions of dollars of ERTC funds, provides some great FAQs on its website, too. We encourage any business or non-profit with 5 FTE’s or more and less than 500 FTE’s to consider Easy Tax Credits for their ERTC needs. The Easy Tax Credits website is EasyTaxCredits.com and their phone number is 1-234-CREDITS (1-234-273-3487).

And don’t forget to use referral code Isanti-Chisago if you want to take advantage of the special bonus offer, which includes $1,000 of free advertising for your business with the Isanti-Chisago County Star!