How to determine whether a diocese and parish(es) must be aggregated for the purposes of the Employee Retention Tax Credit (ERTC)

INTRODUCTION  Determining whether a diocese and parish must be aggregated for the ERTC is a simple process. If you are tasked with figuring this out, start with these two questions: In the prior tax year did the diocese provide 80% (or more) of the funding for the parish? Does the diocese provide daily management over […]
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Church-controlled Organizations may Disaggregate from the Church for Employee Retention Tax Credit Purposes.

Churches & Church-related Organizations can Receive Large Refund Checks from the IRS The Employee Retention Tax Credit (ERTC) presents an opportunity for employers to receive a stimulus-like incentive in the form of a refundable tax credit for every employee that they employed from the second quarter of 2020 to the 3rd quarter of 2021.  Specifically, […]
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