- This event has passed.
Employee Retention Credits for Tax-Exempt Organizations — Update
February 15 @ 2:00 pm – 3:00 pm EST
Note: We are watching the proposed legislation on this topic, and we will adjust content as necessary for this webinar.
Proposed legislation could impact nonprofit ERC filings
Draft Legislation Proposes Halt to All ERC Filings by January 31, 2024
You can’t open your inbox these days without hearing about employee retention credits, and nonprofits are getting especially inundated with providers promising millions — no strings attached!
Fortunately, many nonprofits are eligible, and the credits can be transformational for these organizations. But identifying eligibility — particularly under gross receipts calculations — isn’t particularly straightforward.
During this on-demand session specific to nonprofit and other tax-exempt organizations, we will dig into details on:
- Gross receipts and shutdown qualifications
- 2020 credits — the time is now!
- IRS guidance, including the voluntary disclosure program
- What we have learned from IRS audits
At the end of this session, you will be able to:
- Recall how to calculate your organization’s gross receipts by quarter and tie out to your Form 990
- Outline common shut-down scenarios that might apply to your organization
- Identify questions to ask providers when choosing who to work with to pursue credits
- Recognize if you claimed credits inappropriately and should take advantage of the IRS payback program
Who should attend
This session is designed for finance teams, management, executives, and board members of nonprofit organizations.
Please register by February 14, 2024.
Can’t make the webinar?
Fill out the registration and you will receive an email with the webinar recording and slides following the event. Also, check out our event calendar to see what else is happening.
CPE
Recommended CPE:1 credit, Taxes
Prerequisites: None
Program level: Overview
Advance preparation: None
Delivery method: Group Internet Based
