Question
Retroactively Apply ERTC With Intuit Payroll Online
The IRS released new guidance regarding the Employee Retention Tax Credit in January 2021, stating that businesses that received PPP funds in 2020 would now be eligible for the ERTC. However, we have already submitted our 941 forms for all quarters in 2020.
Our accountant recommended asking Intuit Payroll how to handle this, but I haven't found any information. According to two separate colleagues who use Gusto, that program has a simple process to submit a refund request. Is there such an option for Intuit Payroll Online?