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[2021-05-05] NGCOA Helps Golf Courses with COVID-Related Tax Credits 

05-05-2021 07:09

Newest Partner Assists Businesses with Determining Eligibility and Applying for up to Hundreds of Thousands of Dollars in Tax Credits

Charleston, S.C. (May 5, 2021) - The National Golf Course Owners Association (NGCOA) is pleased to welcome Rockerbox as its latest Smart Buy Marketplace partner. In response to the newly-extended Employee Retention Tax Credit (ERTC), NGCOA has partnered with Rockerbox to help golf course businesses determine if they are eligible for the ERTC program for both 2020 and 2021.

These credits are designed to help small business owners offset the economic losses associated with the COVID-19 pandemic, which can keep employees on the payroll, and can result in hundreds of thousands of dollars and increased cash flow. Even if a golf course took advantage of the Paycheck Protection Program (PPP), it may still be eligible for this tax credit. The consultation with Rockerbox takes 15 minutes, and is a no-cost, no-obligation opportunity for golf course businesses to find out if — and how much — they are eligible to receive.

“The PPP was a life-saver for so many golf courses, but the ERTC credit could have an even bigger impact to the bottom line,” said Jay Karen, NGCOA’s Chief Executive Officer. “The application process is incredibly detailed and complex, especially if you don’t have your own controller or chief financial officer. We are thrilled to have Rockerbox as a partner to help businesses in our industry.”


Once Rockerbox determines a golf course business’s eligibility, they will work with the business to calculate the number of credits, and then file with the IRS. For 2020, each eligible employee can earn up to $5,000 in credits, and for 2021, each eligible employee can earn up to $7,000 per quarter (or $28,000 for the entire year). Credits are fully refundable and are used to offset the employer portion of payroll taxes. This can add up to tens of thousands for smaller operators, and hundreds of thousands for larger ones.

“The Rockerbox team is excited to have an opportunity to work with the NGCOA to assist golf course owners and operators in taking advantage of the  ERTC program,” said Philip Wentworth, Rockerbox Founder and CEO. “When appropriately executed, the Employee Retention Tax Credit program can provide much needed capital to eligible small business owners. We look forward to sitting down with each golf course, virtually, to discuss their unique situation to determine ERTC eligibility.”

Golf course owners and operators who are interested in talking to a representative to learn more and determine ERTC eligibility can visit Rockerbox’s page in the NGCOA Smart Buy Marketplace at ngcoa.org/rockerbox.

About the National Golf Course Owners Association
The NGCOA is the leading authority on the business of golf course ownership and management. The association represents and promotes the interests of golf courses as the principal businesses and economic assets of the game of golf. The not-for-profit organization is the only trade association dedicated exclusively to golf course owners and operators. Through advocacy, education and information resources, purchasing programs and networking opportunities, the NGCOA helps golf course owners and operators run more successful businesses. For more information or to join, visit ngcoa.org or call 800-933-4262.

About Rockerbox
Rockerbox helps employers execute employer-based tax incentive programs. From Federal programs like the Employee Retention Tax Credit (ERTC) program or the Work Opportunity Tax Credit (WOTC) program to State-specific programs like the Indian Tax Credit, our goal is to optimize the execution of each program so that our clients may fully maximize the benefits of every employer-based tax incentive program available. Learn more at rockerbox.tech or email ngcoa@rockerbox.tech.

Media Contact
Renée Flowers, Senior Director of Marketing and Communications, NGCOA, rflowers@ngcoa.org

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