ERC Resources
Employee Retention Credit IRS Resources
COVID-19-Related Employee Retention Credits
How to Claim the Employee Retention Credit FAQs
COVID-19-Related Employee Retention Credits: How to Claim the Employee Retention Credit FAQs This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to support a...
Amount of Allocable Qualified Health Plan Expenses FAQs
This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to support a legal argument in a court case. Determining the Amount of Allocable Qualified Health Plan...
Determining Qualified Wages FAQs
This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to support a legal argument in a court case. COVID-19-Related Employee Retention Credits: Determining...
Guide to the Employee Retention Credit and PPP Loan Application for 2021
The amount your business can claim per employee has increased from $5,000 per year to $28,000.
Businesses should determine their eligibility for the ERC before filing for the PPP.
You can get affordable professional help determining your eligibility, applying, and calculating your potential tax earnings.
Download the Employee Retention Credit Guide
Form Here
Special Issues for Employees
Use of Third Party Payers
Special Issues for Employers: Use of Third Party Payers 87. Can an Eligible Employer that uses a third party to report and pay employment taxes to the IRS get the Employee Retention Credit? Yes, if a common law employer is otherwise eligible to receive the Employee...
Income and Deduction
Special Issues for Employers: Income and Deduction 85. Does the Employee Retention Credit reduce the expenses that an Eligible Employer could otherwise deduct on its federal income tax return? Yes. Section 2301(e) of the CARES Act provides that rules similar to...
Income and Deduction FAQs
COVID-19-Related Employee Retention Credits: Special Issues for Employees: Income and Deduction FAQs This FAQ is not included in the Internal Revenue Bulletin, and therefore may not be relied upon as legal authority. This means that the information cannot be used to...