Published on 16, Feb 2023

Phoenix, AZ– 

Regal Capital Solutions, a firm that assists small and big businesses with Employee Retention Tax Credit, is thrilled to announce the growth of its Phoenix staff. The company, founded by CEO Jonah Cooper and COO Garet Brown, assists businesses of all sizes in optimizing their employee tax returns through a team of ERC professionals and legal and accounting relationships. The team expansion is a step by Regal Capital Solutions to assist more firms in qualifying for and capitalizing on ERC return chances.

"There has never been a better moment to apply for an ERC," says CEO Jonah Cooper. "ERC reimburses companies for each W2 employee." He states that the CARES Act, which made ERC feasible, was enacted in recent years to encourage firms to retain staff during the COVID-19 economic downturn. 

Cooper states that ERC can be a difficult procedure with approximately 20,000 requirements. "We have specified the requirements for firms to qualify, and we handle the entire process," he says. Some of the guidelines, for instance, stipulate that businesses must have fewer than 500 employees, be in the private sector or a tax-exempt organization, and meet one of several criteria, such as a decline in gross receipts and/or a complete or partial shutdown of operations due to a COVID-related government order. Cooper says that these standards might be difficult and time-consuming for organizations to determine.

Brown explains that the benefits of ERC may be fairly substantial, with firms occasionally earning up to $26,000 per W2 Employee. "We are associated with some of the nation's largest legal and accounting firms to offer better levels of compliance, client assistance, claims maximization, and audit assurance," explains Brown. 

"And our procedure is fairly straightforward; we begin by providing clients with a free consultation call with one of our ERC certification professionals, which includes a quick questionnaire to gauge qualification potential." Then, Regal Capital Solutions helps with the collection and verification of paperwork. "Finally, ERCs are filed with the IRS, and clients get quarterly payments from the U.S. Treasury," explains Brown. 

"We are pleased to welcome fifty new sales professionals to our Phoenix office," says CMO Ryan Holmes. The company believes that through expanding, it would be able to provide more businesses with the financial help and support that ERCs provide. "Asking about eligibility is free but can save firms hundreds of thousands of dollars," adds Holmes. "The addition of this team advances our mission to reach more prospective ERC qualifiers and save them time and money." 

Regal Capital Solutions is a Phoenix-based firm that helps small and large businesses get ERC returns for W2 employees. The company is excited to help even more businesses as it expands its team of sales reps in the Phoenix office. To learn more, email Ryan Holmes at ryan@regalcapitalsolutions.com and visit the Regal Capital Solutions website at https://www.regalcapitalsolutions.com/.