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 October 19, 2023, the IRS announced (IR-2023-193) a withdrawal process for Employee Retention Credit (ERC) claims. The ERC withdrawal procedure follows an earlier IRS announcement (2023-169) on ...