The nation is 10 months into the moratorium on Employee Retention Credit claims, and with the IRS’s recent announcement that it would deny thousands of improper claims, there are no signs of it ending ...
More than five years have passed since Congress created the employee retention credit (“ERC”) through the CARES Act. Between then and now, Congress has changed the applicable law four times,[1] and ...
LOS ANGELES, CA / ACCESSWIRE / March 31, 2023 / The Employee Retention Credit (ERC) tax refund program from the Internal Revenue Service (IRS) was designed for small to medium-sized business (SMB) ...
After a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk Employee Retention Credit (ERC) claims. IRS Commissioner Danny Werfel said the extra looks “confirmed ...
The Internal Revenue Service has announced that, following the moratorium on processing Employee Retention Credit claims after Sept. 14, 2023, it is starting to process claims received prior to that ...