Shield Advisory Group, with its unique advisory approach, grants small business ‘credit’ with an ally in Washington
NEW YORK, August 2, 2021 / PRNewswire / – According to Matthieu meehan, a two-decade Wall Street veteran and Founder / CEO of Shield Advisory Group, “My partners and I felt the market demanded a new and innovative approach to business consulting. After much analysis and research, we have found the balance between accessibility and the breadth of services that American businesses need. “Matthew continued,” Tax credits are an often overlooked strategy for minimizing obligations. tax of your business. This time around, the IRS actually applied a tax credit for the pandemic period, resulting in refunds for small businesses. “The Employee Retention Credit is a fully refundable tax credit for employers equal to 50 percent of eligible wages (including attributable qualifying health plan expenses) that qualifying employers pay to their employees. This employee retention credit originally applied to qualifying wages paid after March 12, 2020, and before January 1, 2021, was extended as part of the US bailout to include 2021. The credit was increased to 70% of the first $ 10,000 of qualified salary, per employee, per quarter.
Shield Advisory Group continually scours the small business landscape looking for unique solutions for small businesses that were once only available to large companies. Luigi Rosabianca, director of operations SAG. The Shield Advisory Group management team has meticulously built an easy-to-use platform to provide clients with access to this complex tax credit that an army of white-collar professionals would find it hard to appreciate. Luigi Rosabianca, added: “What impresses me is not the extent to which we are able to help our small business clientele, but the fact that this vital program is still such a well-kept secret in America. . ”
Our mission is to get the business owner to focus on their core competencies while creating a structure that promotes that focus. Our team takes care of everything else, including the most mundane.
IN UNPRECEDENTED TIMES …
Chad Brown, CPA, Founder / CEO of Mancon Solutions, which specializes in tax credit programs, maintains that “during this unprecedented time, businesses need a comprehensive solution to the vast array of complex problems they face. From PPP loans to Cares Law to EIDL loans, US businesses need guidance in navigating this regulatory maze. ”
ERTC is one such program that SAG innovation has brought to the fore for small businesses. Mr Brown went on to explain that “although this program will expire at the end of 2021, the credit can still be claimed on amended tax returns for three years from the date of filing.”
The SAG team leverages the experience and supplier relationships for growing business owners through quality, performance-based initiatives, development strategies and financing solutions.
For more information visit www.shieldadvisorygroup.com. To arrange an interview with one of the directors, contact Luigi Rosabianca To [email protected] or 321-430-6828.
SOURCE Shield Advisory Group