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hi randy crabtree host of the unique cpa podcast and partner with trimeric specialty tax professionals here today to talk to you about a really interesting thing going on with the employee retention credit right now you know the point where retention credits been around a while weve been talking about for a while but the biggest issue thats coming up right now and youve probably even heard about it is the income tax effect of claiming an employee retention credit this can be a docHub burden to taxpayers and were going to tell you what you need to do or what you should do to avoid this burden on taxpayers so heres what happens i claim an employee retention credit lets assume its the year 2020 employer retention credit you can claim the employee retention credit for the year a big portion of the year 2020 in the big portion of the year 21. lets assume right now as i sit in may of 22 i just realized i can qualify for the employee retention credit for the year 2020 and so i