$1 Trillion Bipartisan Infrastructure Bill
On Friday, November 5, the House passed a $1 trillion bipartisan infrastructure bill containing a provision that eliminates the CARES Act Employee Retention Credit (ERC) for the fourth quarter of 2021. The ERC will remain intact for the full year of 2020 (beginning March 13) and the first three quarters of 2021 (ending September 30)….
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