The U.S. IRS issued a release on 21 November 2024 urging businesses to act by 22 November to resolve improper Employee Retention Credit claims, while also noting an extension for payroll companies and other third-party payers.
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IRS urges businesses to act by Nov. 22 to resolve improper Employee Retention Credit claims through Voluntary Disclosure Program; third-party payer deadline newly extended to Dec. 31
IR-2024-296, Nov. 21, 2024
WASHINGTON — With a Nov. 22 deadline rapidly appro…