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Helping Clients Navigate the Employee Retention Credit Mess
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Event Overview

Recent developments in Employee Retention Credit (ERC) processing and IRS ERC examinations have left many who made ERC claims in the dark as to whether or not they will receive them. Others are wondering whether they will be the scapegoat in penalties for an overreaching claim. Many CPAs and tax preparers are stuck in the middle and don’t know how to advise their clients or help them receive their claims.

The IRS has processed ERC claims slowly and unevenly. The IRS examination of ERC claims is also mired in confusion and nuanced legal issues. Last fall, the IRS announced a new safe harbor withdrawal process for taxpayers who have submitted ineligible ERC claims. The ERC claim withdrawal process was narrow in scope and only available to organizations that can meet all four of the IRS requirements. Questions remain for taxpayers who did not meet those requirements but may need to amend or withdraw their claim.

Date and Time
Thursday, August 7
1 - 2 p.m. CT
Location
Online (Webinar)
Cost
Free
Contact
webinars@eidebailly.com
Learning Objectives
  • Summarize current Employee Retention Credit (ERC) qualifications and challenges.
  • Identify ways to follow up on the status of an ERC claim.
  • Assess strategies to deal with IRS examination of ERC claims.
  • Determine the ERC withdrawal process and fallout from the end of the safe harbor.
  • CPE Credits
    1
  • Field Of Study
    Taxes
  • Level Of Knowledge
    Basic
  • Delivery Method
    Group-Internet Based
CPE Sponsors
Eide Bailly LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Additional Information
This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. CPE credit will only be granted to those that attend the live webinar. For information regarding a complaint and/or program cancellation policies, please contact Laura Schons.

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