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IRS Announces Additional Actions to Help Small Businesses and Prevent Improper Payments in the Employee Retention Credit Program

09 August 2024

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Approved Changes

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United States

The U.S. IRS has announced additional actions to help small businesses and prevent improper payments in the Employee Retention Credit program. --- IRS moves forward with Employee Retention Credit claims: Agency accelerates work on complex credit as more payments move into processing; vigilance, monitoring continues on potentially improper claims WASHINGTON — The Internal Revenue Service announced today additional actions to help small businesses and prevent improper payments in the Employee Retention Credit (ERC) program, including accelerating more payments and continuing compliance work on the complex pandemic-era credit that was flooded with claims following misleading marketing. The IRS is continuing to...