Episode #237: Donald Cox
Donald Cox (myERTCRefund.com): Unlocking the ERTC for Small Businesses Donald Cox helps business owners claim the Employee Retention Tax Credit (ERTC)—a powerful, often-missed IRS credit created under the CARES Act and expanded by the American Rescue Plan. If you kept W-2 employees on payroll during COVID shutdowns, Donald explains how you may qualify for up to $26,000 per employee, even if you also received PPP. With a CPA-led process, legal research on local shutdowns, and streamlined document requests, Donald’s team turns a daunting “tax closet” into a cash-flow boost that can help stabilize, invest, or even relaunch a business. Key Takeaways: ERTC ≠ loan: It’s a refundable IRS tax credit, not like PPP; no spending restrictions on funds once received. PPP still okay: You can qualify for ERTC even if you had PPP—just no double-counting the same wages. Real-world results: Examples ranged from $57,080 for a small restaurant to ~$1.9M for a multi-location team; typical small-business refunds average ~$150K. Who qualifies: Businesses with 5+ non-owner W-2 employees and $100K+ payroll (Q2 2020–Q3 2021). Even shuttered businesses can qualify for the periods they operated. What you’ll need: Questionnaire + payroll docs (941s Q2 2020–Q4 2021, W-3 for 2019, payroll journals, P&Ls). Many can export from QuickBooks/payroll in about an hour. A “rapid rebate” option can accelerate access to funds (at a higher fee). Catch the full story on YouTube: https://www.youtube.com/watch?v=NgnF1U5TcqU Memorable Quote: “It is not a loan—it’s a tax credit.” Want to be a Guest on our Show? Apply Now Connect with Donald Linkedin Envelope Phone-alt
Episode #210: Asad Ahmad, FitBiz CPA — From Big Four to “All-In” Partner for Small Businesses
Asad Ahmad, FitBiz CPA — From Big Four to “All-In” Partner for Small Businesses Asad Ahmad is a CPA and former Deloitte/PwC accountant who left the corporate ladder in 2020 to launch FitBiz CPA—a relationship-driven firm helping owners stay compliant, keep more profit, and scale with confidence. He matters because he translates complex tax and accounting programs (ERC, R&D credits, PPP/EIDL fallout) into real cash relief and month-to-month clarity for entrepreneurs. https://www.youtube.com/watch?v=IM_vhR5J-oI Top 5 Takeaways from the Episode: Compliance = survival. “If you don’t take care of the compliance side…you don’t have a business.” Sales and taxes are the two pillars you can’t ignore. Origin story with purpose. “FitBiz” started serving gyms during lockdowns (PPP/EIDL help), then expanded to Florida’s hot real-estate market—growing from a solo practice to a five-person team. ERC made simple. If you had W-2 employees, you may recover up to ~70–75% of eligible payroll per quarter (from March 2020–2021) by filing amended 941-X returns; typical IRS timelines range from ~8–16 weeks, sometimes longer. Virtual CFO value. Bundled service starts around $800/month and includes tax planning & prep (business + personal), monthly financials by the 15th, QuickBooks support, payroll/941/940, sales tax, and IRS resolution—one accountable point of contact. Hire, systemize, and lead. Asad scaled via Upwork and a social media intern, runs a quarterly five-star performance model, and lets people play to their strengths—while keeping standards high. Watch the full episode now on YouTube: https://www.youtube.com/watch?v=IM_vhR5J-oI Memorable Quote: “You don’t pay your taxes, you don’t have a business.” Want to be a Guest on our Show? Apply Now Connect with Asad Linkedin Globe Phone-alt Youtube