We Help Small Businesses and Startups Find Tax Breaks

We're masters at finding credits if they exist for your company. We only get paid if you do. Even if you think your situation doesn't exactly fit, it's still worth looking.

Incolo has Partnered With the Experts at ETax Breaks

ETax Breaks has been helping businesses get tax breaks for 20+ years

300

+

Businesses Supported

$

1,500,000,000

+

In credits found

$

0

Returned to the IRS

Covid-19 Relief Incentives

A business is eligible for the credit in one of two ways:

1.The operation of the business was fully or partially suspended during any calendar quarter during 2020 or 2021 due to orders from an appropriate government authority resulting from COVID-19, or

2.The business remained open, but during any quarter in 2020 or 2021, gross receipts for that quarter were less than what they were for the same quarter in 2019. The business will then be entitled to a credit for each quarter

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Employment Retention Credits (ERC)

A business is eligible for the credit in one of two ways:

1.The operation of the business was fully or partially suspended during any calendar quarter during 2020 or 2021 due to orders from an appropriate government authority resulting from COVID-19, or

2.The business remained open, but during any quarter in 2020 or 2021, gross receipts for that quarter were less than what they were for the same quarter in 2019. The business will then be entitled to a credit for each quarter

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Work Opportunity Tax Credit (WOTC)

A business is eligible for the credit in one of two ways:

1.The operation of the business was fully or partially suspended during any calendar quarter during 2020 or 2021 due to orders from an appropriate government authority resulting from COVID-19, or

2.The business remained open, but during any quarter in 2020 or 2021, gross receipts for that quarter were less than what they were for the same quarter in 2019. The business will then be entitled to a credit for each quarter

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HOW IT WORKS

Once we've found a credit, you get paid. Then, ETax Breaks keeps looking for more.

Fill out online forms

Once you sign up, fill out a simple online form and our teams starts calculating the various credits your business qualifies for.

Get Matched with Credits

eTax Break's experts run the necessary calculations and get you matched with the credits your business deserves.

Get Cash Back

eTax Breaks files the adjustments, provides you with an auditable report and gets you your cash back.

Fill out online forms

Once you sign up, fill out a simple online form and our teams starts calculating the various credits your business qualifies for.

Get Matched with Credits

eTax Break's experts run the necessary calculations and get you matched with the credits your business deserves.

Get Cash Back

eTax Breaks files the adjustments, provides you with an auditable report and gets you your cash back.

Glad to be partnered with these amazing groups:

OUR PRICING

20% of what we find you, we only get paid if you do

Case Study:

Entertainment Venue(non-essential) Under Shut Down Order.

80 Employees pays employees $9000 per quarter.

Qualified for Q4 2020 and Q1 of 2021.

$864,000 Refundable (CASH)

Math: 80 x $9000 x 50% = $360,000 FOR 2020 + 80 x $9000 x 70% = $504,000 = 864,000

Industry Experts at ETax Breaks

The tax attorney who founded and served as CEO and Chairman of TaxBreak has partnered with other former principal Executive Officers and employees to bring together their experience and proven industry expertise in ETaxBreaks. The same proficiency and integrity that positioned them as industry leaders in delivering tax credits and incentives to their clients are now available through ETaxBreaks.

Don’t worry, we’ve got you covered

Auditable Report

Auditable Report You will be provided with an auditable report, explaining the credit your company received, the calculations for what was determined and the proof for the money you get back.

Audit Protection

In the unlikely event you're audited, the Tax Attorneys at eTax Breaks will take on your case and go to bat for you, free of charge.

eTax Breaks History

With 20+ years of experience and $0 returned to the IRS, you are in good hands with our partners at eTax Breaks

Auditable Report

Auditable Report You will be provided with an auditable report, explaining the credit your company received, the calculations for what was determined and the proof for the money you get back.

eTax Breaks History

With 20+ years of experience and $0 returned to the IRS, you are in good hands with our partners at eTax Breaks

eTax Breaks History

With 20+ years of experience and $0 returned to the IRS, you are in good hands with our partners at eTax Breaks

FAQs

Highlights of Employee Retention Tax Credit Modifications

The provision extends and expands the CARES Act employee retention tax credit (ERTC). It also contains technical corrections to the CARES Act.

Beginning on January 1, 2021, and through December 31, 2021, the provision:
Increases the credit rate from 50 percent to 70 percent of qualified wages Expands eligibility for the credit by reducing the required year-over-year gross receipts decline from 50 percent to 20 percent and provides a safe harbor allowing employers to use prior quarter gross receipts to determine eligibility. Increases the limit on per-employee creditable wages from $10,000 for the year to $10,000 per quarter. Increases the 100 employee delineation for determining the relevant qualified wage base to employers with 500 or fewer employees. Allows certain public instrumentalities to claim the credit, and Provides rules to allow new employers who were not in existence for all or part of 2019 or part of 2020 to be able to claim the credit.

5 Year Extension of Empowerment Zones (Fed EZ) & Work Opportunity Tax Credit (WOTC)

2 Year Extension of Indian Employment Credit (IEC)1 Year (Plus 60 Days) Extension & expansion of Disaster Relief (Covers CA Wildfires, Hurricanes Zones on the COast and WInds in the Mid West.6 Month Extension & Expansion of the Employment Retention Tax Credit ( Covid Credit)

Retroactive to the effective date included in section 2301 of the CARES Act, the provision:

Provides that employers who receive Paycheck Protection Program (PPP) loans may still qualify for the ERTC with respect to wages that are not paid for with forgiven PPP proceeds. Clarifies the determination of gross receipts for certain tax-exempt organizations Clarifies that group health plan expenses can be considered qualified wages even when no other wages are paid to the employee, consistent with IRS guidance.

Will my business qualify for the employee retention credit?

Any employer, regardless of size, is eligible for the credit during calendar year 2020 if the business: (1) is fully or partially suspended due to a governmental order related to COVID-19, or (2) experiences a significant decline in gross receipts (i.e., a reduction of 50 percent of gross receipts from the same quarter in 2019). The credit also applies to tax-exempt organizations if the operation of the organization is fully or partially suspended due to the circumstances described in (1) above. The credit generally does not apply to governmental employers, including the U.S. Government, state and local governments, or any agency of the foregoing. However, it does allow for government-owned businesses that are related to healthcare or university/colleges to claim the credit

Does the credit only apply to small businesses?

Eligible employers with 500 or fewer full-time employees may qualify. The credit applies to all employee wages/benefits.

How is the credit calculated?

The credit is calculated using wages and benefits employees were paid after March 12, 2020.

Where can I get more information on the Employer Retention Credit?

The IRS is expected to provide guidance regarding the credit, which will be available on the IRS.gov website – see Coronavirus Tax Relief.