Apply For Covid Tax Credit Relief For Your
Hospitality Business With This Expert
If you own a small restaurant or
another hospitality business, you
may be eligible for Covid relief
programs and other credits that
keep money in your pocket!
Contact Mary Sloane of GMG
Growth Management Group
LLC to see how she can help
you get the money Uncle Sam
owes you!
The current health crisis has affected
the hospitality sector the hardest.
Small business owners, in particular,
have suffered losses due to
lockdowns and other health and
safety measures imposed during the
pandemic.
However, the U.S. government has
provided several relief credits to
keep money or get money into the
hands of small business owners. You
can apply for these credits and
benefits with the assistance of
experts at GMG.
There are six unique credits
approved by the government
that can grant you certain
benefits.
The Covid Employee
Retention Credit (ERC) is
designed to help you retain
employees.
These are examples of the
monies GMG was able to help
the owners of these
businesses unlock so they
could successfully operate
their businesses.
Under the Disaster Retention
Credit, you can apply if you
operated in qualified disaster
zones and as a result became
inoperable but continued to pay or
incur wages for eligible
employees.
It is important to note, that
each case needs to be
individually assessed.
Other programs include the Workers
Opportunity Tax Credit for employers who hire
employees. Research & Development Credits
are available for businesses that innovate
either processes, products or services, and
Property Tax Mitigation for businesses with
property tax payable exceeding $50,000.
Visit
http://showmemytaxsa
vings.com to learn
more!