This course is designed to provide a full overview of the Employee Retention Credit including how to qualify, traps for the unwary, tips for managing client relationships, and what to expect from the forthcoming audits of the credit.

Clients continue to raise the ERC largely as a result of the consulting firms (or, as the IRS puts it, ERC "mills") that have been pouring funds into their marketing efforts. As a result, most practitioners should have at least a basic understanding of all facets of the credit and should be well-versed in the landscape to guide clients when they are claiming (or deciding not to claim) the ERC.

This webinar will provide a comprehensive overview of the current state of ERC affairs, and discuss what to expect next.

Learning Objectives:

• Determine the methods for qualifying for the ERC, both with respect to declines in gross receipts and partial suspensions of operations


• Recognize where clients typically go wrong in their understanding and analysis of the credit, especially when claiming the credit with their internal accounting departments


• Identify areas where taxpayers requested and received additional guidance on claiming the ERC, as well as areas where the ERC is still unclear


• Evaluate how to deal with audits of the ERC, and discuss best practices (record keeping, etc.)