ERC for 501(c)(3) Board Members

Technical topics regarding tax preparation.
#1
M L V  
Posts:
18
Joined:
1-May-2015 11:49am
Location:
Florida
Need some advice:
We have a 501(c)(3) with two employees. Neither employee owns shares or is a related party.
One employee is a board member. Based on gross receipts, this employer is eligible to take ERC.
My question is, can the wages for the one employee, who is a board member, be qualifying wages for ERC?
Thank you in advance.
 

Return to Taxation



Who is online

Users browsing this forum: beardenjv, dellpaul, hansolo, Jeff-Ohio, jhanle1948, mikestaxes55, Nilodop, SlipperyPencil, TAXMASTER and 91 guests