All about the Employee Retention Credit
Are you getting bombarded by emails from consultants who say they can help your church, ministry, or mid-council apply for the ERC? You’re not alone!
The ERC was part of the CARES Act. It is a refundable credit available to businesses and tax-exempt organizations. The intent of the ERC was to provide relief to employers who kept staff employed during 2020 and 2021.
Consultants are available to aid with the ERC application process but be careful before engaging with an organization or person you do not know. If you select a consultant to aid in the ERC application process, we recommend that you conduct the appropriate level of due diligence.
We’ve prepared a document to answer ERC frequently asked questions. This document is for informational purposes only and should not be relied upon as professional tax advice.
Please take the time to read this document and share with those working for your congregation or serving in a volunteer capacity who handle your church or ministry’s finances.
You can find it on our website here, if you'd rather read it online.
We hope you find this helpful – and as always, thank you for being part of the PC(USA)!
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