I hope this message finds you well. At Retail Smart Guys, we’ve always been dedicated to providing valuable insights that help retail businesses thrive. Today, I’m excited to share a special recommendation with you—a proven resource that has delivered significant benefits and proven invaluable to our clients at Retail Smart Guys.
Starting in 2020, businesses with fewer than 500 employees were required to provide paid sick leave and paid family leave to employees dealing with the consequences of the COVID-19 pandemic. Here’s the great news – under the law, businesses may be entitled to a tax credit equal to 100% of the paid sick leave and paid family leave provided to employees, up to a certain level.
If your business provided paid leave to employees in 2020 and you have not yet claimed the credit, you can file amended payroll tax forms to claim the credit and receive your tax refund for 2020. You may be eligible for tax credits up to more than $5,000 per employee who took sick or family leave.
It’s an opportunity to maximize your benefits and ensure your business is taking advantage of all available tax credits.
I encourage you to reach out to Valiant Capital and see if your business qualifies for these valuable tax credits. Valiant Capital is ready to assist you in navigating the process, ensuring you don’t miss out on this opportunity to unlock tax savings for your business.
At Retail Smart Guys, we are committed to supporting the success of retail businesses. This recommendation from us is a testament to our dedication to delivering practical insights that have a direct and positive impact on improving your cash flow.
Feel free to contact us for a business strategy session. We’re here to provide you with retail guidance and help you maximize your benefits and potential.
Here’s to your continued success in 2024!
Best,
Dan Jablons
Cell: 818-720-2585
Fax: 818-897-7223
