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Employee Retention Credit: The Do’s and Don’ts

EMPLOYEE RETENTION CREDIT: THE DO's AND DON'Ts

Cost Free
Presentation Length 1.0 hour

Recorded DateDecember 30, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

The Employee Retention Credit (ERC) can deliver thousands of dollars in credits per employee with qualified wages, making it one of the largest refundable tax credits available. Now, Congress has broadened eligibility and more businesses can take advantage of this lucrative tax incentive. 
 
But many tax professionals are making costly mistakes when claiming the ERC due to its complexity and potential conflicts with other wage-based incentives. And the IRS is taking notice.
 
Don’t let your clients become the target of an IRS audit. Corvee’s experienced tax professionals will give you the do’s and don’ts of claiming the ERC so you can secure pandemic relief for your clients while keeping them safe from audits. 
 
Learning Objectives:


  • Identify who qualifies

  • Determine what you’ll need to claim the ERC and minimize risk to your clients

  • Recall recent IRS guidance on gross receipts, full versus partial shutdowns, qualifying government orders, qualified wages, and more 

  • Recognize mistakes to avoid, including potential conflicts with the PPP, SVOG, RRG, and other programs

  • Practice how to utilize this credit in tax planning

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Amanda Argue

Corvee
Chief of Staff
[email protected]
(305) 985-7740

Corveelogo

Amanda Argue, CPA, is the chief of staff and co-founder of Corvee, a software and solutions company serving tax and accounting firms. At Corvee, Amanda provides strategic counsel to key leaders Corvee and helps launch new company projects and initiatives within the organization.

Amanda helps the company achieve its mission to transform how accounting and tax professionals build, grow, and optimize their firms to increase revenue and improve efficiency while providing the highest value to their clients.

Amanda has always worked in the accounting industry. She was employed in accounts receivable for a construction company for seven years and then as a financial statement auditor working closely with small business clients across a wide variety of industries after receiving her degree.

She enjoyed public accounting but wanted to provide a more significant impact to small business clients and started learning more about all aspects of her clients’ processes - not just financial - and quickly picked up skills that would eventually aid in the founding of Corvee. Amanda is actively involved in innovating on behalf of firm owners to help them transform from a compliance-focused practice into a highly-valued and trusted advisory practice.

Amanda has a bachelor’s degree in accounting from the University of South Florida and a CPA license in Florida.

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Andrew Argue

Corvee
CEO and Co-founder
[email protected]
(305) 985-7740

Corveelogo

Andrew Argue, CPA, is the CEO and Co-founder of Corvee, a software and solutions company serving tax and accounting firms. At Corvee, Andrew works to help tax and accounting firms increase their revenue and profitability through tax planning.

Andrew founded Corvee with the goal to create a road map for tax and accounting firms to make the transition from compliance to advisory services. Since then, the company has launched first-of-its-kind tax planning software to give accounting firms and tax professionals the ability to formulate a tax savings calculation, develop a proactive and strategic tax plan and be the trusted advisor clients need.

Before Corvee, Andrew founded AccountingTax.com (now Corvee) and The Bean Counter (acquired by Roger CPA Review) and worked as an auditor at PwC.

Andrew has been named twice on Accounting Today’s Top 100 Most Influential People in Accounting – Ones to Watch list. He has a Master of Accounting and a Bachelor of Science in accounting from the University of Tampa. He also holds Series 7, Series 66, and Certified Public Accountant licenses.

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Sarah is a Maryland and D.C. attorney with over five years of experience in Tax and Estates and Trusts. She is deeply passionate about tax, estate, and financial planning. She greatly enjoys the proactive aspects of these areas of law, and firmly believes everyone should have access to estate and financial planning resources. 

About Our Presenter

Corveelogo
Corvee (www.corvee.com) provides tax, accounting, and financial advising firms with the ability to make smarter tax decisions for their clients while growing and optimizing their firm. The company’s flagship product, Corvee Tax Planning software, quickly and efficiently provides firms a sophisticated but simple tool to formulate a tax savings calculation, develop a proactive and strategic tax plan and streamline client collaboration