Is your business impacted by supply chain disruptions? The IRS has recently released a memo addressing supply chain disruptions on the Employee Retention Credit (ERC) eligibility. The memorandum confirms that general supply chain disruptions alone do not qualify for the Employee Retention Credit (ERC). This could come as a change as many previously argued that supply chain issues during COVID automatically qualified you to receive the credit. Join us as we discuss this clarification from the IRS and answer any questions you may have on its impact for your business.
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Nick joined YHB in 2020 with over 15 years of experience in the industry. Nick is a graduate of Carthage College with a BS in Accounting and Business, the University of Connecticut with an MA in Accounting, Case Western Reserve University with a JD, and Georgetown University with an LLM in taxation. Nick has also worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility.
