Should You Claim a Q4 Employee Retention Credit?

The Employee Retention Credit, established by federal COVID-19 law, terminated on Sept. 30. Under current law, only “recovery start-up businesses” qualify to claim the credit for Q4 of 2021.

According to this insight from OMA Connections Partner CliftonLarsonAllen, Congress may yet reinstate the credit for the remainder of the year, but there is no guarantee. 10/20/2021