Update on IRS Efforts to Combat Questionable Employee Retention Tax Credit Claims

questionable-Employee-Retention-Tax-Credit-claims

The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash to enable struggling businesses to retain employees. Even though the ERTC expired for most employers at the end of the third quarter of 2021, it could still be claimed on amended returns after that. According to […]