Employee Retention Credit Client Documentation Memo Template

The employee retention credit (ERC) is a part of COVID-19 relief legislation first introduced with the CARES Act in March 2020. Since that time, legislation has modified and extended the credit and many tax practitioners have helped their clients claim the ERC. Third party consultants have also determined the potential benefits of the credit and have been reaching out and advertising to businesses who may qualify. The IRS is aware of the potential for fraud with ERC claims and has