Your business may qualify to receive up to $26,000* per W2 employee from a Payroll Tax Rebate via the Employee Retention Credit. Third Coast Bank SSB has partnered with Innovation Refunds, experts in helping businesses like yours, to unlock these government incentives and refunds.
 
Innovation Refunds is ready to begin accepting applications for the Employee Retention Credit. The ERC is a payroll tax refund born out of the same COVID relief bill as PPP. If you kept on employees during the pandemic you may be eligible. 

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Frequently Asked Questions:
HOW IS ERC DIFFERENT FROM PPP?
PPP was a forgivable loan. ERC returns the payroll taxes that your business has already paid. Once you receive the ERC funds from the US Treasury, no further action is required on your part.
WHY HAVEN’T I HEARD ABOUT ERC BEFORE?
PPP was heavily marketed by the SBA, while ERC is claimed directly through the US Treasury. Along with our bank partners, it’s our mission to educate you and obtain for your business the payroll tax refund that it’s entitled to.
HOW IS MY REFUND CALCULATED? 
Determining the proper amount that you’re entitled to is a complex accounting process that requires an expert similar to an Orthopedic Surgeon or Cardiologist. One of the reasons that we choose Innovation Refunds is that their expert CPAs and Tax Attorneys determine, for free, exactly how much money your business is eligible to receive. Helping businesses to properly unlock these government incentives is Innovation Refunds’ specialty.
HOW DO I KNOW IF MY BUSINESS QUALIFIES?
The IRS expects 70% - 80% of small and medium businesses to qualify. If your business experienced disruptions to commerce, travel, or group meetings, you qualify! This includes supply chain disruptions, price increases, staffing shortages, difficulty hiring, reduced hours, reduction in goods or services offered, were unable to travel, or attend conventions. Talk to one of our Refund Specialists to find out more.
DO I HAVE TO PAY THIS BACK?
It’s a refund of payroll taxes. It’s YOUR money! There are no limitations on how you use it.
HOW LONG WILL IT TAKE TO GET MY REFUND?
Innovation Refunds' work will be completed within 30 days of receiving your documents. You’ll receive refund checks from the US Treasury in 5-8 months depending upon backlog. The longer you wait, the longer it will take.
IS THERE A COST ASSOCIATED WITH THIS SERVICE?
There are no upfront costs to determine if your business qualifies for a payroll tax refund, and if it does, how much you're qualified to receive. On average, Innovation Refunds invests 14 hours of expert CPA/Attorney time - at their expense - to determine your eligibility. You will never be charged for this time. If you decide to move forward, Innovation Refunds merely shares in a percentage of the funds you actually receive from the government.