Our small-but-mighty ERC Team will work diligently to set up ERC tracking and payroll tax liability reductions prior to your next run.
However, the exact timing for implementation depends on several factors, such as employee count, healthcare costs, coordination with PPP, FFCRA and other federal grants/credits, and the number of clients in our ERC Support Services queue. In addition, we are working through continuous updates in our payroll software related to this process. We ask for patience as we ensure compliance with this new program’s fluctuating rules.
We can also file 941-X returns to retroactively claim credits for ERC-eligible wages paid in prior quarters. (Note: This is a separate service from current-quarter ERC filing.)