The latest launch of FaithBasedSolutions.com offers church leaders and administrators a simple way to access funding to ease the path to financial recovery. The firm specializes in helping religious organizations navigate the complexities of the tax relief system.
More details can be found at https://faithbasedsolutions.org
The announcement explains how customers can now be pre-qualified for an ERTC payment by simply completing a 15-minute questionnaire on FaithBasedSolutions.com. The site provides a streamlined and secure portal to upload all relevant documentation in support of claims.
The ERTC is part of the Coronavirus Aid, Relief, and Economic Security Act (CARES) – an unprecedented financial stimulus package enacted by Congress in 2020 in response to the global health crisis. More than $2.2 trillion has been pumped into the economy to support businesses affected by nationwide shutdowns and to help employers retain their workforce.
Applicants can now claim a credit of up to 50% of qualifying wages and health care plan expenses paid between March 2020 and January 2021. Churches can also claim up to $10,000 per employee for quarters 1, 2 and 3 of 2021. This equates to a maximum of $21,000 per employee.
Previously, businesses and organizations that took out PPP loans were not eligible to apply for the ERTC, but access to the program has now been expanded, allowing thousands more churches and faith-based businesses to access this funding. ERTC is a credit and, unlike PPP loans, does not have to be repaid.
FaithBasedSolutions.com clients benefit from audit-proof documentation for any future IRS inspection. The site facilitates easy uploading of 941 statements, PPP loan documents, and gross payroll. The company’s dedicated team then calculates the rights of the applicant. This is then paid directly by the IRS with a check normally arriving within a few weeks.
The company understands the challenges facing religious organizations in the modern age, providing fast and reliable tax credit support across all faiths. FaithBasedSolutions.com does not charge any upfront fees for its services, any payable invoice being entirely contingent upon obtaining financing.
A spokesperson says, “Start with the ten simple questions on the site to start a claim. We will email you a secure link to an application questionnaire to complete online.
With its latest ERTC service updates, FaithBasedSolutions.com is helping churches across the country find a path to recovery in the post-pandemic era.
For more information, please visit https://faithbasedsolutions.org
Name: Raúl Meza
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