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Infrastructure Bill & ERC Credits

If you have a business with employees, please read on.... The recently approved congressional infrastructure bill didn't have much in the way of new tax rules. Any new tax rules are part of the next bill that's currently being worked out in Congress. However, the infrastructure bill did have one piece of big news: IRS ERC credits for 2021 Q4 will not be allowed. This is not coming as a surprise since it was part of the negotiations, but now it's final. ERC credits for Q1, Q2 and Q3 are still available. If you have questions, please let us know.

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