You may think you know about the employee retention credit program, but you may not have heard the full story.
We’re finding that even experienced tax professionals have been reluctant to tackle the details of the ERC, despite the pronounced opportunity it presents. They are instead endorsing the use of specialists with specific experience. This has spawned a niche industry of these specialist operators helping business owners realize the benefit of this federal stimulus program. As a result, companies like ERC Provider have emerged to help businesses navigate the details of this valuable federal program.
The ERC program is an element of the CARES Act passed by Congress in response to the Covid-19 crisis. It allows businesses to recover up to $26,000 per W-2 employee in tax credit. It is not a loan, but a direct payment to businesses. Businesses that have used the Paycheck Protection Program and the Economic Injury Disaster Loan are eligible to benefit from the ERC as well. Revenue reduction is only one way to qualify, and 80% of companies are eligible based on other shutdown-related impacts.
The program is designed to benefit employers who kept their staff on board or otherwise retained those positions through the worst of the pandemic. It has evolved to expand eligibility to businesses...
On September 14, 2026, the Department of Justice announced that Accenture Federal Services, Accenture plc, and Accenture LLP agreed to pay $25 million to resolve False Claims Act allegations that ...