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IRS Urges Businesses to Act by 22 November to Resolve Improper Employee Retention Credit Claims with Extension for Payroll Companies and Third-Party Payers

|Approved Changes|United States
United States

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…

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