Various questions and information about ERC
9 articles
The ERC and Gross IncomeEmployers receiving ERC don't include the credit in their federal income tax gross income.
Claiming ERC When Revenue RisesCompanies can claim ERC despite rising revenues, if affected by COVID-19 restrictions or shutdowns.
ERC Analysis Amount Lower Than EstimateReasons why actual ERC qualification might be less than initial estimates, considering PPP loans and employee wages.
Potential Refund of the Employee Retention CreditThe ERC offers refunds exceeding employment taxes, with credits based on qualifying employee wages.
Will the ERC funds run out?Get the answer here
What if the Refund Received Differs from the Calculated Amount?The IRS pays out interest on top of the credit.
My CPA Says I Don’t Qualify, but ERCG Is Saying I DoMake sure you get your advice from the right place
Employee Retention Credit - 2020 vs 2021 Comparison ChartComparison of Employee Retention Credit provisions between 2020 and 2021, highlighting key amendments.
IRS Audit Timeline10 years from the date of the ERC claim