IRS Guidance on Retroactive Termination of ERC
by Phillip D. Zlokas, CPA, Tax Director As discussed in the blog post entitled ‘Changes to the Employee Retention Credit’ (November 17, 2021), the Infrastructure Investment and Jobs Act (IIJA) retroactively terminated the Employee Retention Credit (ERC) as of September 30, 2021. At the time of the termination, there had been no guidance provided relative … Read more