Recoup up to $250,000 from your taxes by maximizing your tax credit potential
Don’t get a loan. Instead, get the money your business deserves.
At MaxTaxIncentive, our tax credit specialists help you maximize your business refund by navigating complicated filing systems and ensuring you get the most out of your taxes.
We are here to guide you through your claims, process your paperwork, and make sure you have the right help at the right time. We even support you with an Audit Protection Plan after you file — keeping your assets safe and your mind at ease.
MaxTaxIncentive has helped our clients land over $90 million through our process and continues to lead the industry in customer service, value provided, and continued customer loyalty.
Business owners, and even accountants, often overlook common tax credits — the equivalent of throwing away your hard-earned money in the trash. Here are a few of the more common tax credits you may have missed:
Retirement Plans Startup Costs Tax Credit
collect up to $5,000, for three years, for the necessary costs of developing business plans like a 401(k).
Credit for Increasing Research Activities
collect up to 20% back from your business research activities.
Plug-In Electric Drive Vehicle Credit
collect up to $7,500 for each of your plug-in electric vehicles.
Employee Retention Credit
collect $26,000 per employee with employee retention credits (ERCs)*
Don’t Miss Out on ERC
In 2020 or 2021, did your business:
Fully or partially shut down due to government mandates
Have a decline in gross receipts by >20%
Have less than 100 employees
You may be eligible for the Employee Retention Credit!
Established under the CARES Act, the ERC is a granta loan for eligible small business owners, LLCs, or 1099 employees impacted by the COVID-19 pandemic.
A fully refundable tax credit — that you don’t have to pay back — equal to 50% of qualified wages, meaning you could get up to $26,000 per employee.
At MaxTaxIncentive, our tax credit specialists help you maximize your business refund by navigating complicated filing systems and ensuring you get the most out of your taxes.
We are here to guide you through your claims, process your paperwork, and make sure you have the right help at the right time. We even support you with an Audit Protection Plan after you file — keeping your assets safe and your mind at ease.
MaxTaxIncentive has helped our clients land over $90 million through our process and continues to lead the industry in customer service, value provided, and continued customer loyalty.
Frequently Asked Questions
How do I know if my business is eligible for the Employee Retention Credit?
If your business was established before February 15, 2020, had fully or partially reduced business hours due to suspended operations and experienced a decline in gross receipts by >20% in 2020 or 2021, you may be eligible for the ERC.
If you aren’t sure and need trusted advisors to help you navigate ERC eligibility, schedule a call(schedule a consultation link) with one of our associates.
What if we already took out a PPP loan?
Even if you received a Small Business Interruption Loan under the Paycheck Protection Program (PPP), you are still eligible to claim ERC on qualified wages. Qualified wages can be counted toward eligibility for either the ERC or PPP loan forgiveness, but not both.
How much money can my business receive?
Your business can receive up to 70% of qualified wages per employee for 2021, up to $21,000 per employee for the year.
Your business can receive up to 50% of qualified wages per employee for 2020, up to $5,000 per employee for the year.
Can my business factor in part-time employees for ERC?
Yes. You could be eligible to receive ERC payments for your part-time employees.
Have More Questions?
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Schedule a call with one of our tax experts today.
