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Support for ERTC Reinstatement

July 13, 2022 4:07 AM | Chelsey Blakenship (Administrator)

Last month, 25 mayors sent a letter to congressional, tax, and small business committee leaders calling for the restoration, extension, and improvement of the Employee Retention Tax Credit (ERTC). Among the signers are the mayors of Chicago, Houston, Los Angeles, Philadelphia, Portland, Oregon, and San Francisco. Earlier, the U.S. Conference of Mayors adopted a resolution “supporting relief for arts and cultural institutions” that expressly calls out support for restoration of the ERTC. The resolution also calls for restoration of the universal charitable deduction (S. 618 / H.R.1704 / H.R. 1081), among other things. 


 
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