Julio Gonzalez, CEO at Engineered Tax Services, has established Rockerbox, a company that will support CPA firms in their efforts to secure federal employer-based tax credits for business owners.
Working with small businesses, the firm’s services will focus on enabling CPAs to facilitate access to schemes such as the employee retention and work opportunity tax credits.
Launched to reward employers for retaining staff members during the pandemic, employers who received PPP loans are eligible to claim for the employee retention tax credits (ERTC).
The work opportunity tax credit is available to employers hiring members from underrepresented groups, and has functioned since 1996.
Gonzalez said: “I founded Rockerbox so that CPAs could help America’s struggling small businesses reap the benefits of employer-based tax credits,”
“It’s especially important for small business owners to understand they only have a few months left to claim employee retention tax credits.”
He added: “Our relationship with Rockerbox will allow us to better assist our clients with the ERTC, and we expect Rockerbox to benefit a great deal from CPA firms referring ERTC business.
“With small businesses under siege during the pandemic, they need all the tax relief they can get, and I’m happy to be a part of it.”