Three Ways a Change in Ownership can Impact ERC Value

At a glance The main takeaway: Companies involved in an acquisition or disposition during 2020 or 2021 have additional considerations for determining eligibility. Impact on your business: Any acquisition could impact your gross receipts analysis and your eligibility for the ERC. Next steps: Contact Aprio to assess your ERC eligibility and understand the impact any…

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The Next Hurdle in your ERC Claim: Financial Reporting

At a glance: The main takeaway: Industry experts have recommended using the loss recovery model in response to widespread confusion about reporting the ERC in financial statements. Impact on your business: The loss recovery model means you can report ERC claims sooner and avoids any need to amend previous financial statements, but you must be certain in…

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Will Your ERC Hold Up to an Audit?

At a glance: Contact Aprio today and learn how more about how our ERC team calculates and documents your credits all at once. The full story: Claiming the Employee Retention Credit (ERC) involves far more than just crunching numbers. Employers must navigate a complex web of qualification guidelines – such as qualified wages, employer size status, partial suspension, more than…

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Get Your Top ERC Tax Questions Answered

At a glance The main takeaway: The IRS has released tax guidance regarding the Employee Retention Credit, creating confusion for business owners. Impact on your business: The general rule that an employer’s deduction for qualified wages is reduced by the amount of the employee retention credit — even though the credit won’t be received by employers until…

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Do Owners’ Wages Qualify for the ERC?

At a glance: Don’t let recent IRS guidance jeopardize your credits. Contact Aprio’s ERC team to maximize your credit value and minimize audit risk. With Aprio, you can put those worries about ERC owner wages to rest. The full story: The IRS finally released official guidance on the eligibility of wages paid to business owners and…

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The First PPP Loan Payments Are Coming Due: Here’s What You Need to Know

At a glance: The main takeaway: The first Paycheck Protection Program loans (particularly those distributed in spring 2020) are coming due for repayment. Impact on your business: You need to understand your forgiveness window and the appropriate applications to request forgiveness, otherwise you’ll have to start making monthly payments of principal and interest. Next steps:…

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Podcast: Expert Insights Into The PPP and The ERC

Aprio Partners Justin Elanjian and Adam McDowell are joined host John Ray to discuss how dental practices need to address the intricacies of PPP and ERC to maximize potential eligibility. They also discussed special cash flow considerations dental practices should contemplate for 2021. Nashville Business Radio is produced virtually from the Nashville studio of Business RadioX®. Disclaimer for services provided relative to…

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Expert Insights Into The PPP and The ERC

Aprio Partners Justin Elanjian and Adam McDowell are joined host John Ray to discuss how dental practices need to address the intricacies of PPP and ERC to maximize potential eligibility. They also discussed special cash flow considerations dental practices should contemplate for 2021. Nashville Business Radio is produced virtually from the Nashville studio of Business RadioX®. Disclaimer for services…

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