How many times do your clients hear from you after tax season? How many times do you get to reach out to your clients with GOOD NEWS? The Employee Retention Credit (ERC) is an opportunity for you to share with your clients how to recover some of their pandemic-related losses.

The ERC provisions are continually changing, and this webinar will explore the latest ERC developments that practitioners should share with business owner clients. This webinar will include the latest ERC updates based on 2023 IRS communications regarding audits and substantiation.

The ERC is a refundable tax credit that encourages businesses to keep employees on their payroll. To encourage small businesses to retain employees and invest in new opportunities, Congress expanded the ways that businesses can qualify for the ERC as well as the size of employers that can qualify. It is worth up to $5,000 per employee in 2020 and was expanded from its original 2020 version to a more robust opportunity in 2021. For that year, it is worth up to $7,000 per employee per quarter—for a total of $26,000 per W-2 employee!

This course will outline eight ways that employers can qualify for the ERC, based on IRS publications, and is designed for any tax or accounting professional advising clients who could potentially claim the ERC.

Learning Objectives:

• List eight ways businesses can qualify for the ERC for 2020 and 2021


• Describe how to measure a significant decline in quarterly revenues for 2020 and 2021


• Summarize IRS Notice 2021-49 which addresses tax practitioner concerns relating to the ERC eligibility under the full and partial government shutdown provisions


• Identify the value of the ERC in 2020 and 2021 to small and large eligible employers


• Evaluate how to claim the ERC and how to help your clients re-file their 2020 and 2021 taxes after receiving the credits


• Provide ERC updates based on the 2023 moratorium on ERC processing