The Employee Retention Credit (ERC) was initially introduced in 2020 as part of the CARES Act and was extended through the Consolidated Appropriations Act, 2021 (CAA). The ERC was further extended and expanded under the American Rescue Plan Act of 2021 (ARPA).

Recent rulings have expanded the program to last until 2025 for ERC claims to be filed.

It’s important to note that the rules and eligibility criteria for the ERC can change over time, so it’s crucial to stay updated on the latest guidelines and regulations issued by the IRS. Employers can refer to the official IRS website or consult with trusted tax professionals to ensure they are claiming the credit correctly and avoiding scams.