When President Biden signs the $1 trillion bipartisan infrastructure bill on Monday, the media will focus on the billions for earmarked for highway, rail, port, broadband and other infrastructure upgrades, but there will likely not be many mentions of the Employee Retention Tax Credit (ERTC). Despite the popularity of the ERTC, Congress ended the bill on September 30, 2021 in the infrastructure legislation, a full quarter sooner than when it was originally scheduled to expire on December 30, 2021. Consequently, when the President signs the legislation into law, the fourth quarter will no longer be available for the popular tax credit. For employers who may have been taking advantage of the ERTC in advance as was allowed, we’ll have to wait to see what further guidance comes from the IRS on the subject as the agency had previously issued a guidance on claiming the credit in advance for the 3^rd and 4^th quarters.