Here are some helpful ERC-related IRS website links recommended by Baron Payroll that can make your ERC journey easier, while also saving you time and money.
Fact Sheet 2022-12 PDF -- IRS updates several frequently asked questions to assist those claiming the 2021 Recovery Rebate Credit
IRS News Releases – IRS offers overview of tax provisions in American Rescue Plan; retroactive tax benefits help many people now preparing 2020 returns. Looking ahead to the 2021 tax season.
COVID-19-Related Employee Retention Credits – Determining When an Employer’s Trade or Business Operations are Considered to be Fully or Partially Suspended Due to a Governmental Order FAQs
Recovery Rebate Credit – Find the amount of your first, second, and third economic impact payments. How to claim the 2020 and 2021 recovery rebate credits.
Employer Tax Credits – Credit for sick and family leave, credit for eligible employers, and employee retention credit limitations.
COVID-19-Related Employee Retention Credits – Interaction with Other Credit and Relief Provisions FAQs – May an Eligible Employer that receives a Paycheck Protection Program (PPP) loan receive the Employee Retention Credit?