Employee Retention Credit: Lessons Learned and IRS Audit Tips

Because the early termination of the Employee Retention Credit (ERC) is retroactive, some of your business clients may have utilized one of the available options to claim those tax credits in advance during the fourth calendar quarter. New IRS guidance released on December 6, 2021, discusses the requirements to repay those amounts and the penalty relief available. Additionally, a bipartisan group of Congressional representatives introduced the “Employee Retention Tax Credit (ERTC) Reinstatement Act” to undo the early termination of the ERC that was enacted by the Infrastructure bill on November 15, 2021.

Program Level: Intermediate
Prerequisites: None
Field of Study: Taxes - Technical
Advance Preparation Needed: None
Delivery Method: Group-Internet Based
Recommended CPE Credit: 1 credit per 50-minute session
Registration Instructions: Register Online
Cost: Free
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