The rules to be eligible to take the refundable employee retention credit (ERC), a payroll tax credit, are complex and have been in a malleable state of existence since its enactment under the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March 2020.
In this webcast archive from May 19, 2021, Justin Elanjian, CPA, Partner-in-Charge — PPP & ERC Services, Aprio, Tommy Lee, CPA, Partner-in-Charge — Retail, Franchise & Hospitality, Aprio, and John Santamour, CPA, ERC Team Leader