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Up to $26,000 Per Employee (US Businesses Only): Don't Miss Out on the Extended Employee Retention TAX Credit (ERTC) and How to Qualify with JP Van Dyke

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Manage episode 353279741 series 3387326
Content provided by Greg Sheldon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Greg Sheldon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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US-based businesses only; to get up to $26,000 per employee: don't miss out on the extended employee retention tax credit (ERTC) and how to qualify here. https://ertcjourney.com/gsheldon/
When JP moved to Nashville 21 years ago, little did he know that he would soon develop a passion for helping businesses survive a pandemic? JP, a retired military veteran, opened his own business and has since worked hard to ensure that companies can remain afloat during these difficult times.
Recently, JP heard about a woman from a small town outside of Nashville whose restaurant had been forced to close due to the pandemic. He was determined to help her out, so he tracked down her phone number from a football friend and gave her a call. Unfortunately, the news was anything but positive. The foot traffic had been so low that she had already decided to file for bankruptcy.
That's when JP's entrepreneurial spirit kicked into overdrive. He informed her about the extended Employee Retention Credit Program and that she could still qualify for a tax rebate from the IRS even though her restaurant was closed. She couldn't believe it and eventually started to cry when JP told her she could receive up to $47,000.
This program is available to any business in the US that has at least one W-2 employee and has experienced a detriment during 2020 or 2021. Even though only 10% of companies have taken advantage of the program, JP got her desperately needed help. The paperwork required to get the rebate is not complicated, and the maximum allowable refund per employee is $26,000, but the CPAs that JP works with have a minimum of three employees.
Thanks to JP's determination and knowledge, this woman's story is no longer one of despair and bankruptcy but of hope and perseverance. JP is a true example of how a little bit of knowledge and a lot of heart can make a significant impact on the lives of others.

Support the Show.

This podcast is about creating awareness and recognizing the industrial space like metal, steel, manufacturing, and welding; while providing value to help you in your career and business endeavors.
Greg Sheldon
https://www.facebook.com/metalsteelmanufacturingpodcast
https://www.instagram.com/metalsteelmanufacturingpodcast
https://twitter.com/metalsteelpod
https://www.youtube.com/channel/UC1d1DruXYETxna6GWtBBVng
https://www.tiktok.com/@metalsteelmanufac

  continue reading

50 episodes

Artwork
iconShare
 
Manage episode 353279741 series 3387326
Content provided by Greg Sheldon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Greg Sheldon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Send us a Text Message.

US-based businesses only; to get up to $26,000 per employee: don't miss out on the extended employee retention tax credit (ERTC) and how to qualify here. https://ertcjourney.com/gsheldon/
When JP moved to Nashville 21 years ago, little did he know that he would soon develop a passion for helping businesses survive a pandemic? JP, a retired military veteran, opened his own business and has since worked hard to ensure that companies can remain afloat during these difficult times.
Recently, JP heard about a woman from a small town outside of Nashville whose restaurant had been forced to close due to the pandemic. He was determined to help her out, so he tracked down her phone number from a football friend and gave her a call. Unfortunately, the news was anything but positive. The foot traffic had been so low that she had already decided to file for bankruptcy.
That's when JP's entrepreneurial spirit kicked into overdrive. He informed her about the extended Employee Retention Credit Program and that she could still qualify for a tax rebate from the IRS even though her restaurant was closed. She couldn't believe it and eventually started to cry when JP told her she could receive up to $47,000.
This program is available to any business in the US that has at least one W-2 employee and has experienced a detriment during 2020 or 2021. Even though only 10% of companies have taken advantage of the program, JP got her desperately needed help. The paperwork required to get the rebate is not complicated, and the maximum allowable refund per employee is $26,000, but the CPAs that JP works with have a minimum of three employees.
Thanks to JP's determination and knowledge, this woman's story is no longer one of despair and bankruptcy but of hope and perseverance. JP is a true example of how a little bit of knowledge and a lot of heart can make a significant impact on the lives of others.

Support the Show.

This podcast is about creating awareness and recognizing the industrial space like metal, steel, manufacturing, and welding; while providing value to help you in your career and business endeavors.
Greg Sheldon
https://www.facebook.com/metalsteelmanufacturingpodcast
https://www.instagram.com/metalsteelmanufacturingpodcast
https://twitter.com/metalsteelpod
https://www.youtube.com/channel/UC1d1DruXYETxna6GWtBBVng
https://www.tiktok.com/@metalsteelmanufac

  continue reading

50 episodes

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