The IRS has ordered an immediate stop to the processing of new ERC claims. Read for what a legitimate ERC request would look like.
Update August 20, 2024: The IRS has opened a second Employee Retention Credit (ERC) Voluntary Disclosure Program for a limited time. If you still need to correct a previous ERC claim, you have a window of opportunity to avoid penalties and interest. What's New? Through the second ERC Volu...
Aprio’s dedicated ERC services team and PPP advisors have been on the of the forefront of educating the public and guiding clients to maximize COVID relief benefits. We continuously monitor new guidance from the SBA, as well as the Treasury, Congress and the IRS, to ensure we have the lat...
The IRS has stopped processing new claims for the ERC to protect filers from questionable claims. The processing pause will be in effect through at least the end of 2023. We will continue to update our page as new information becomes available. ...
Important Update on the Employee Retention Credit (ERC) TheEmployee Retention Credit (ERC) program has faced significant challenges, particularly with the IRS’s delays in processing claims. Many businesses have felt the impact of these setbacks, and we understand the frustration this has caused. Ho...
Additionally, the IRS’s workload and the volume of applications they receive can affect the processing time. During times of high demand, such as tax filing season or when new regulations are introduced, the IRS might face a backlog of claims, leading to delays in processing. ...
IRS penalty relief and ERC disclosure programVincent, Scott E.Journal of the Missouri Bar