Are you getting spam emails and phone calls about the Employee Retention Tax Credit? While we don’t recommend engaging with the marketing calls, we DO recommend finding a trusted source to see if your nonprofit is eligible.
If your organization experienced a shut-down due to COVID-19 in 2020 or 2021, and revenues declined as a result, you may be eligible. The program is active through April 2024 for 2020 credits, and April 2025 for 2021 credits. We recommend contacting your CPA firm (perhaps the one who prepares your 990) to help you determine if your organization is eligible, and assist with the filing. These services will come with a fee, which could be calculated as a percentage of the credit received.