IRS Puts Brakes on ERC Processing

According to the IRS, a moratorium on processing of new Employee Retention Credit (ERC) claims through year’s end will allow IRS to add more safeguards to prevent future abuse, to protect businesses from predatory tactics. The pandemic-era relief program is a refundable tax credit designed for businesses that continued paying employees during the COVID-19 crisis. … Continue reading IRS Puts Brakes on ERC Processing