Our partnership with Dreams Score's Tax Prep Advocates division, the nations’ leading ERTC consulting firm; enables us to identify and acquire Employe Retention Tax Credit funds for Tribes, Tribal Business Enterprises and Tribal Members. ERTC is a substantial stimulus, up to $26,000 per employee, available to businesses, tribal nations and NPOs that chose to retain employees during Covid-19. Grant
monies are a reward to an organization for continuing to pay wages and/or provide health insurance for W-2 employees during the pandemic. Grants may be used as the client pleases as there are no limitations or requirements on how money is spent. Recent changes to the Cares Act have made it much easier for an organization to qualify even if they took PPP loans and had no revenue decrease. Only 16% of eligible companies have requested their ERTC grant funds; many having been informed they are not eligible by their accountants and CFOs due to the highly specialized knowledge of the tax codes and the implied work necessary to access the monies. The client’s time investment in this process is simply granting permission to amend the tax returns for the years requested and providing a spreadsheet of employees. All the paperwork submitted to the IRS is checked at least three times by independent tax attorneys and accountants with a specialization in ERTC paperwork preparation. All work is done on a contingency basis; your organization negotiates the commission, and it is not due until funds from the IRS are received. In addition to offering interest only loans enabling clients to immediately access their ERTC money, regardless of who was used to prepare their ERTC paperwork; we have partnered with Bank Breezy to offer funding for gig workers, 1099 employees and small businesses.