controlled group rules Archives - Catholic Benefit Plans

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 […]

Church-controlled Organizations may Disaggregate from the Church for Employee Retention Tax Credit Purposes.

March 6, 2023
Eric Allen Kauk, Esq., LL.M.
controlled group rules, tax, tax credits

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, […]

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, […]