Employee Retention Tax Credit

In 2020, as part of CARES Act, Employee Retention Tax Credit came about to support and encourage businesses in retaining their employees. If your business was impacted due to COVID-19 it might be eligible for support as per ERTC. The rules regarding Employee Retention Tax Credits, including eligibility expansion were amended in 2021. At YBO, we can help you with the entire procedure for ERTC and get your business the support it deserves.

How Does Employee Retention Tax Credit Help You?

Employee Retention Tax Credit is a refundable payroll tax credit available to almost all private-sector employers that lost significant business or had to fully or partially suspend operations due to COVID-19 pandemic restrictions. This also includes hospitals, colleges, universities, and 501(c) organizations, meaning they are also eligible for the credits. This credit is a percentage of qualified wages paid to employees by eligible employers, and can also include some health insurance costs.
Whether you require support through the Employee Retention Tax Credit (ERTC) process or your clients’ businesses were affected due to COVID, we are here to take care of everything from qualification to compliance, documentation and reconciliation.
Value addition is what we focus on at YBO. And we know that Employee Retention Tax Credit (ERTC) can add value to your clients’ businesses, so they get the scaffolding for post-pandemic success.
Our ERTC (Employee Retention Tax Credit) service takes care of:

1. Qualification analysis based on Income Tax reduction Entering Transactions/ Shutdown
2. Employee Retention Credit Calculation process
3. Preparation and Review of 941-X
4. Quality Assurance for accurate management

The world of ever changing tax credit laws and updates can be stressful, but your clients deserve every bit of support. Getting financial support for your clients from the government is now straightforward with YBO as we are here to manage Employee Retention Tax Credits (ERTC)  for you.

Industries We Serve

With our 10+ years of industry experience, our experienced team of skilled professionals is well placed to serve your business. We have worked with businesses of all sizes across industries. Our broad experience of helping clients from various industries distinguishes us from other organizations. Selected list of industries we have worked with so far:

1. Hospitality
2. Education
3. NGOs
4. Manufacturing
5. Consultancies

Why Choose Us

With years of industry experience we are well equipped to handle your ERTC process for you. Furthermore, our team of experts is well qualified to give you reliable and high quality output thus making the ERTC process simple and useful for you. At YBO, we only work with professional softwares that meet the highest level of international standards and protocols. Our team is well versed with these softwares thus ensuring quality and accuracy of results. Most importantly by letting the professionals at YBO guide you through the ERTC process, you get the results relevant to the stability and success of your business.

1. 10+ Years of Industry Experience
2. Easing your ERTC journey
3. Professionally Qualified Team of Experts for high quality and reliable management
4. Usage of professional softwares that meet the international standards
5. Expert advice you can trust (backed by awareness of latest updates and compliance norms)
6. Streamline your credits and claims
7. We value client data and confidentiality
8. High Quality Customer Service

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