IRS Begins Processing Some Employee Retention Tax Credit Claims Filed During the Moratorium https://t.co/PLp2Fin4WF | by @FoxRothschild
IRS Resumes Processing New Claims for Employee Retention Credit https://t.co/Q7vlFQISMv
IRS Resumes Processing New Claims for Employee Retention Credit https://t.co/lXf4yNAjQu #Tax #Work #Federal @OgletreeDeakins https://t.co/ypro0y3Mht
The Internal Revenue Service (IRS) has resumed processing new claims for the Employee Retention Credit (ERC), following a period of increased scrutiny on businesses that previously claimed the tax credits. The IRS had paused processing some claims during a moratorium but has now begun addressing these pending applications. The renewed focus on the ERC comes as part of the IRS's efforts to ensure compliance and address potential misuse of the tax credit by businesses.