The Internal Revenue Service announced on Sept. 14, 2023, an immediate moratorium on the processing of Employee Retention Credit (ERC) claims that is anticipated to last at least through the end of ...

The Internal Revenue Service has adjusted its moratorium on processing Employee Retention Tax Credit (ERC) claims, announcing last week it will begin processing claims filed between September 14, 2023 ...

Last month, citing "rising concerns about a flood of improper Employee Retention Credit (ERC) claims," the IRS announced a moratorium on processing new ERC claims. At the time, the agency indicated ...

On the ERC specialists portal, they can pull up a business owner application status and present it to them quickly. ERC specialists do a very good job at claiming the ERC tax credit and they have been ...

The agency estimates between 10% and 20% of the ERC claims it's processing will be eligible for the first payments. The Internal Revenue Service plans to deny tens of thousands of improper Employee ...

As a Senior Consultant at OneBridge Advisors, I partner with top tax attorneys to educate and advise on tax credits. Follow me on LinkedIn. If you are among the hundreds of thousands of businesses and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. On September 14th, the Internal Revenue Service (IRS ...

The IRS extended the deadline for third-party payers that filed employee retention credit (ERC) claims for clients to use the consolidated claim process to resolve incorrect claims (IR-2024-296). In ...

NEW YORK--(BUSINESS WIRE)--Better Business Advice, a leading business tax advice website, publishes an updated list of the best Employee Retention Tax Credit (ERC) specialists for businesses seeking ...

The Internal Revenue Service is giving employers a way to rescind inaccurate claims for the Employee Retention Credit if they've fallen victim to a scam at the hands of so-called "ERC mills" that ...

The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit if they haven't been paid yet, but what about the claims that have been ...

Do you know what grinds my gears? Taxes. All those forms, calculations, and rules—it’s enough to make your head spin! But one tax credit makes the headache worthwhile: the Employee Retention Credit ...