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U.S. IRS Moratorium on Processing of New Employee Retention Credit Claims Amid Scams

|Approved Changes|United States
United States

The U.S. IRS has announced a moratorium on processing new Employee Retention Credit claims until at least the end of the year to protect taxpayers from scams. The IRS also issued a related release on Red flags for Employee Retention Credit claims.

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To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros

Aggressive marketing to ineligible applicants highlights unacceptable risk to…

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