[NY, Monday, June 19, 2023] /Noticias Newswire/ – “Despite bearing disproportionate impact from the pandemic, thousands of Hispanic-owned small businesses did the right thing and kept their employees on payroll,” said Neil Montesano, Chief Operating Officer at Slateshore Recovery. Many of these businesses have somewhat recovered, but according to studies, they still struggle to access financing, which makes them twice as likely to use personal or family savings. That’s where the Employee Retention Tax Credits can help.
Slateshore Recovery launched a bilingual website https://pagoerc.com/ through which Hispanic businesses in California, New York, New Jersey, Nevada and Massachusetts, and other States, can submit a quick form for the opportunity of getting a refund check from the IRS. “By answering a few, simple, non-invasive questions our team of ERC experts can determine if your business may qualify for a no-strings-attached tax credit,” added Mr. Montesano.
According to a recent report by McKinsey, the five business sectors most affected by COVID-19-related shutdowns (leisure and hospitality, retail, transportation, construction, and ‘other’) generate almost 50% of the revenues of all Hispanic and Latino-owned businesses. Sixty-five percent of Hispanics and Latinos work in these sectors.
How does the process work to get your refund?
- You (the “applicant”) complete a questionnaire on https://pagoerc.com
- Slateshore Recovery gathers all necessary data from you to file your claim
- Slateshore Recovery calculates the credit you may receive from the IRS
- Slateshore Recovery prepares and helps you file the 941-X Amended payroll returns
- You get paid by the IRS
The ERC regulations and guidelines have evolved over time, with updates and changes being introduced by the IRS. By leveraging the expertise of ERC experts, you can potentially increase your tax refund by capturing all eligible credits.
Call Slateshare Recovery at (800) 372-9308 or visit https://pagoerc.com/en/. To start the application in Spanish, you can visit https://pagoerc.com. Also, please visit our YouTube channel https://www.youtube.com/@slateshore.
About the ERC application process
The ERC application process can be time-consuming and resource-intensive, particularly for employers unfamiliar with the intricacies of the program. Choosing a reputable advisory firm allows you to leverage their expertise, saving your time and resources. They can handle complex calculations, documentation, and submission processes, enabling you to focus on your core business operations.
About Slateshore Recovery
Slateshore Recovery (SSR) is a boutique firm, processing both class action claims recoveries for businesses and employee retention tax credit benefits for businesses from the US Internal Revenue Service. The company was founded in 2017 by experienced professionals and has recovered over $50 Million for its clients. Learn more at https://slateshore.com.