The ERC was originally set to expire on December 31, 2021.On November 15, 2021, The Infrastructure Investment and Jobs Act into law. This legislation contains a provision that terminates the employee retention credit early, retroactively to October 1, 2021. The American Rescue Plan Act added a new type of employer that may be eligible for
Patience Needed for The PPP & ERC
“Patience is not the ability to wait, but the ability to keep a good attitude while waiting.” Patience is a virtue when it comes to PPP loans and forgiveness applications, it needs to be done right and that takes time. Matters have been complicated by changing guidance and regulations that continue to be published weekly,