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About Innovation Refunds

Innovation Refunds is a financial services company dedicated to assisting small and medium-sized businesses (SMBs) in claiming tax credits and government incentives. Established in 2021, the company has quickly positioned itself as a leader in the industry, helping over 10,000 businesses secure more than $1 billion in refunds, particularly through programs like the Employee Retention Credit (ERC) under the CARES Act. With a team comprising experienced Certified Public Accountants (CPAs) and tax professionals, Innovation Refunds aims to simplify the claims process for clients, ensuring they do not miss out on available financial opportunities.

Key Features of Innovation Refunds

Expertise and Support
Innovation Refunds leverages a network of over 100 banks and employs a team of seasoned professionals to guide businesses through the complexities of tax credit applications. Their approach includes managing all required documentation, thus providing a seamless experience for clients.

Turnkey Solutions
The company offers a comprehensive service model that requires no upfront costs. This allows businesses to focus on their operations while Innovation Refunds handles the intricacies of tax credit claims. Their technology-driven platform ensures real-time updates on application statuses.

High Success Rate
With over 80% of businesses qualifying for various tax credits, Innovation Refunds boasts an impressive average refund of $400,000 per qualified business. This success is attributed to their thorough understanding of eligibility criteria and proactive client engagement.

Frequently Asked Questions

What services does Innovation Refunds provide?
Innovation Refunds specializes in helping businesses claim tax credits such as the Employee Retention Credit (ERC) and other government incentives aimed at supporting SMB growth.

How does the application process work?
Clients can initiate the process by filling out an eligibility form on the Innovation Refunds website. The team then guides them through documentation requirements and submission processes.

Are there any upfront costs?
No, Innovation Refunds operates on a contingency basis, meaning clients only pay once they successfully receive their refunds.

What types of businesses are eligible?
Most small to medium-sized businesses that have been financially impacted by COVID-19 may qualify for various tax credits. The company provides assessments to determine eligibility.

How long does it take to receive a refund?
The timeline can vary based on several factors, including IRS processing times; however, Innovation Refunds keeps clients informed throughout the process with real-time updates.

Innovation Refunds stands out in its commitment to empowering SMBs by simplifying access to crucial financial resources. Through expert guidance, user-friendly processes, and a focus on client success, they continue to make significant contributions to the financial health of American businesses.