Some of the largest payroll companies in the country are not filing the Form 7200, Advance Payment of Employer Credits Due to COVID-19 for their clients. We are!
The paid sick leave and paid family leave credits are designed to immediately reimburse eligible employers for the cost of providing COVID-19 related leave to their employees.
To take immediate advantage of the paid leave credits, businesses can use funds they would otherwise pay to the IRS in payroll taxes. If those amounts are not enough to cover the cost of paid leave, employers can request an expedited advance from the IRS by submitting a Form 7200.
During these uncertain times, it is important to know that someone has your back. You are busy running your business and maintaining the safety of your clients and employees, and you should not have to worry about anything else.
Once you have authorized us to do so, we automatically generate Form 7200 for you and transmit it to the IRS on your behalf if a refund is owed to you. Having the form automatically generated by us allows you to receive your refund in a timely manner.
Receive your funds faster with no worries!
Contact us today to learn more.
You run your business. We’ll run your payroll.