This series of frequently asked questions (FAQs) provide answers to questions we are hearing from our members about the employee retention credit (ERC).
The ERC rules are extremely complex and have changed since the credit was originally enacted by the CARES Act. Practitioners need to take additional due diligence steps to understand the nuances that may impact their clients.
For up-to-date resources on this topic, please check out the AICPA Tax Section’s ERC guidance hub.
This page has been updated