Medlin Software, Dennis Posted November 16, 2021 Report Share Posted November 16, 2021 While nothing seems like it sticks any longer, at present, what some are estimating as 8 million dollars has been grabbed back from employers by retroactively ending the Employee Retention Credit as of Oct 21. IRS has not yet posted any advice how this will be handled as far as timely deposits, and paying back any advanced amount. There is some push for undoing this action, but it seems like a good choice to consider Q4 ERC dead, and make deposits asap for any amount retained or advanced from Q4 ERC. 1 Quote Link to comment Share on other sites More sharing options...
Medlin Software, Dennis Posted November 16, 2021 Author Report Share Posted November 16, 2021 Correction, ERC, at present, ended Sep 30, 2021. 1 Quote Link to comment Share on other sites More sharing options...
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