IRS: Review of 1 million ERC claims reveals most show signs of risk

IRS: Review of 1 million ERC claims reveals most show signs of risk

The IRS says that at least 10% of employee retention credit claims will be denied in the coming weeks and that at least 60% of claims show an “unacceptable” level of risk. The IRS will leave in place its moratorium on processing a majority of recent claims.
Source: JOA News
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