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Keeping You Informed: Covid-19 Employee Retention Credit (ERC) Facts and Resources

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Category: News

The following is a timeline summary of recent events toward possible COVID-19 relief legislation. October 1, 2020: House Democrats passed a revised version of the HEROES Act with a $2.2…

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This week, House Democrats released a revised version of the HEROES Act which had passed the House in May but was never taken up by the Senate. While the original…

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On September 21, the House passed a Continuing Resolution that resolved objections from Senate Republicans. The CR will fund the government through December 11. The Senate is expected to vote…

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On September 10, 2020 the Commissioner, Large Business and International Division (LB&I) of the IRS issued a Directive which revises and clarifies the Directive dated September 11, 2017. Both Directives provide…

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