Employee Retention Tax Credit (ERTC) Update

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Has the Employee Retention Tax Credit (ERTC) Ended as of September 30, 2021?

  • It has been heard that the ERTC was ending early and would not be available in the fourth quarter of 2021
  • As of October 7th 2021, the ERTC is still available until the end of the year
  • The Infrastructure Investment and Jobs Act (H.R.3684) has not become law at this date
    • The current language of the bill does end the ERTC as of September 30, 2021
    • Until the bill becomes law there are no changes to employers’ right to claim the ERTC in the fourth quarter of 2021
  • The bill may become law in the near future
    • It is a prudent business decision to delay any advance requests of a credit through the filing of IRS Form 7200 until the fate of the bill is known
  • Keep your eye out for future updates on the Infrastructure Investment and Jobs Act