COVID-19 Relief for Hospitality Industry: Find Out If Your Restaurant Qualifies

Posted by PRC Agency
12
May 27, 2024
93 Views

COVID-19 Relief Assistance for Hospitality Industry

The pandemic... Just thinking about it gives most people in the hospitality industry the shivers. But did you know that you can still claim the ERTC? And with the help of LP Consulting, it's easy!

Fill out a free online questionnaire to claim your refund at: https://get26k.com/

LP Consulting, a CPA who specializes in the ERTC (Employee Retention Tax Credit), offers claim assistance to businesses in the hospitality industry. And there's still time to apply! You have 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.

Specialized ERTC Services

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."

How the Pandemic Affected the Hospitality Industry

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.

Simple Pre-Qualification Process...

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

... And Claim Assistance

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.

Get $21 K per employee at: https://get26k.com/

LP Consulting LLC City: Monroe Address: 3648 Gruber Rd Website: https://get26k.com/
Comments
avatar
Please sign in to add comment.