Innovation Refunds: Have you checked your ERC eligibility?

Aug 22, 2023 | Business, Core Bank, Kansas City, Omaha

Payroll Tax Refund

File with confidence – the team of Innovation Refunds independent tax attorneys and tax professionals will work hard to verify your claim and uncover credits your business is eligible to receive. Core Bank is supporting businesses and non-profits with our partnership with Innovation Refunds. Churches, Schools, Non-Profits, Charities, Museums, and other tax-exempt entities may be eligible for up to $26k per W2 employee through the Employee Retention Credit (ERC). The ERC is a payroll tax refund, not a loan, born out of the same COVID relief bill as the Paycheck Protection Program. This program was created by Congress to put eligible businesses’ money back in their pockets.

The steps are easy:

  • Check eligibility – create an account and share a little bit of information about your business.
  • File your claim – Submit your documents to Innovation Refunds with the team of independent tax attorneys.
  • Get your refund – Once your eligibility is confirmed, the U.S. Treasury will send your check(s).

How may my business qualify? If your business was impacted by COVID and it kept W2 employees on payroll in 2020 and/or 2021, then it may qualify and should apply for ERC. In early 2021, the rules changed and now your business may qualify whether it claimed PPP funds or not.

Innovation Refunds doesn’t get paid until your business gets its payment from the U.S. Treasury. The period to apply is scheduled to end and the eligible refund amount will soon decrease. Most businesses have until April 2024 to receive the maximum of $26k per W2 employee. Apply for the payroll tax refund today! Innovation Refunds make it simple to claim the capital that’s yours to cover operating expenses, grow your business, hire quality talent, pay off debt, build a safety net, and so much more.

View the interview or listen to The Core Experience Podcast and learn more about Innovation Refunds.

Innovation Refunds make it simple to claim the capital that’s yours to cover operating expenses, grow your business, hire quality talent, pay off debt, build a safety net, and so much more. How much money could be waiting for your business?

Hear from real ERC Applicants:

“I can’t even begin to express how happy we are with IR. They definitely under-promised and over-delivered. I highly recommend using them for your ERC refund!” – Beth, Maaco, Inc.

“Innovation Refunds did everything they said they would. I have been very impressed with them, and I am going to recommend them.” – Blake, Bountiful Farms Nursery

View the interview or listen to The Core Experience Podcast and learn more about Innovation Refunds.

*Subject to tax evaluation by Innovation Refunds. Pre-qualification is not a guarantee of approval. If approved, Innovation Refunds may require a fee for ERC claims. You should consult your tax, legal and accounting advisors for information before using the services of Innovation Refunds or to determine if your business qualifies for the ERC.

Core Bank is not affiliated with Innovation Refunds. Core Bank makes no representation or warranty as to the quality, accuracy, or reliability of Innovation Refunds services or its website.

Core Bank does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for tax, legal or accounting advice. Innovation Refunds and its programs and services are not FDIC Insured.

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