May 1, 2022
AsphaltPro interviewed Tax Partner James Lundy and Tax Director Trevor Genereux for a feature article about retroactively claiming the Employee Retention Tax Credit.
AsphaltPro
Excerpt:
Lundy said that although many of his asphalt clients ultimately experienced relatively minor annual drops in revenue, some did experience 20% drops quarter over quarter when comparing 2020 or 2021 to 2019. “And if they are down one quarter, they can still qualify retroactively for the ERTC,” he said.
