For the ERC, For Eligible Employers that include multiple entities aggregated and treated as one employer for purposes of the Employee Retention Credit, will the individual entities separately report

Yes. Each Eligible Employer will report its Employee Retention Credit on its employment tax return (or on its third party payer’s employment tax return) without regard to its aggregation with other entities as one employer for purposes of determining its eligibility for the credit. Each Eligible Employer’s credit will be the amount of the credit […]
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For the ERC, Does an Eligible Employer identify the average number of full-time employees based on the aggregation rules?

Yes. All entities are considered a single employer for purposes of determining the employer’s average number of employees if: they are aggregated as a controlled group of corporations under section 52(a) of the Internal Revenue Code (the “Code”); are partnerships, trusts or sole proprietorships under common control under section 52(b) of the Code; or are […]
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For the ERC, If the operations of a trade or business of one member of an aggregated group are suspended by a governmental order, are the operations of that trade or business of the other members of t

Yes. All members of an aggregated group are treated as a single employer for purposes of the Employee Retention Credit. Accordingly, if a trade or business is operated by multiple members of an aggregated group and if the operations of one member of the aggregated group are suspended by a governmental order, then all members […]
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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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Applying the IRS Aggregation Rules to Dioceses when Massive Tax Credits are at Stake.

The Employee Retention Tax Credit (ERTC) has created lively and spirited conversations between diocesan Chief Financial Officers (CFOs) about the Internal Revenue Service (IRS) aggregation rules. These debates about whether, and under what method a diocese must aggregate with related employers (like parishes, charities, schools, colleges, hospitals, etc.) are important. As most dioceses are aware, […]
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The Treasury Will Release Guidance Clarifying the AMT Aggregation Rules:

The new corporate alternative minimum tax has been causing uncertainty for partnerships. The Treasury is intending to clarify the issue soon.   When determining if a corporation is subject to the new alternative minimum tax, the aggregation rules for controlled partnerships and other entities might not always apply. According to the Treasury tax legislative counsel, […]
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