Ignorance Is No Defense: What You Should Know About ERC

CPAs have a responsibility to review the nuances and contours of the Employee Retention Credit following recent updates especially considering the IRS’s announcements on the moratorium (IR-2023-169) and claims withdrawal process. It’s imperative that firms protect their clients and ensure they partner with a reputable provider, or else their clients risk running afoul of the IRS.

Firms have a duty to manage their clients’ claims and confirm they are properly qualified and substantiated. Join former IRS Commissioner of SB/SE Eric Hylton, Former Congressman Rick Lazio, and alliantgroup Executive Vice President Sonny Grover as they host a technical conversation guiding you through the correct process to claim the credit.

Learning Objectives:

• CPAs professional responsibility when clients choose a third-party ERC provider, and how to ensure their validity
• Why only 2.5% of 500,000 government mandates actually qualify for ERC
• The recent IRS moratorium on processing ERC claims as well as the claims withdrawal program
• How to properly substantiate the credit with documentation

* Attendees will receive 1 hour of CPE credit