ERC Aggregation Rules, Affiliation Examples, & IRS Updates

0:00 Introduction
0:35: Who we are and What we do
2:14: What is ERC Aggregation?
3:20: Brother-sister control groups
5:49: Family attribution rules
8:13: How ERC Aggregation will affect your claim
11:37 What about Large Employers?
13:42 What are the next steps?
In this video, we’ll provide an in-depth explanation on the rules of ERC aggregation and affiliations. You can also read more about whether your businesses will be grouped together as a control group for the Employee Retention Credit here: askfrost.com/news/erc-aggrega...
If you have multiple businesses, this video touches on details regarding shared ownership between businesses and the effect of familial relations as well as affiliations between owners. These numbers can affect whether the IRS will consider your businesses as one for your claim regardless of whether they are separate on paper. Make sure you claim the right amount for the ERC.
Do you have any questions, tips, or ideas about ERC aggregation? Let us know in the comments section below!
We have office locations on the East Coast in Maryland, Virginia, Washington, D.C., Pennsylvania, Florida, and serve clients internationally.
Get more information about the topics that affect you!
🌎 Website - askfrost.com
💼 LinkedIn - / frost-&-associates
📘 Facebook - / frosttaxlaw
🐤 Twitter - / irstaxissues
DISCLAIMER: This video is not legal, tax, or financial advice. Talk with a professional about your situation before making any legal or financial decisions.