To help businesses recover from the effects of the COVID-19 pandemic, Congress passed numerous programs to provide financial assistance. One of these programs was the Employee Retention Credit (ERC), a refundable tax credit for businesses that continued to pay employees while shut down during the pandemic or had significant declines in gross receipts from March 13, 2020 to December 31, 2021. Although the program has ended, businesses still have the opportunity to claim ERC for up to three years retroactively.  However, the IRS is warning employers to be wary of aggressive third parties advising businesses to claim the ERC when they may not qualify. Adding to the confusion, some businesses that received Paycheck Protection Program (PPP) funds mistakenly believe they don’t qualify for ERC. Let our advisors clear up the confusion. We can determine your eligibility and help you claim the ERC.