Throughout the challenges of the COVID-19 pandemic, YMCAs and other nonprofits have stepped up to serve communities across the country. Congress created the Employee Retention Tax Credit (ERTC) in the CARES Act to help keep employees on the payroll, and the ERTC has been a lifeline for nonprofits to help them retain staff.
Unfortunately, Congress is considering ending the credit early.
The Y and other nonprofit employers are counting on the support of the ERTC through the end of 2021 so we can continue to serve our communities and provide essential services to those in need.
Congress can take action in the upcoming budget bill to preserve this critical pandemic relief. Write to your legislators today and ask them to retain this essential support for nonprofits so we can be there for those who rely on us!