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IRS Shares 7 Warning Signs Employee Retention Credit Claims May be Incorrect and Urges Businesses to Revisit Eligibility

15 February 2024

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Approved Changes

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United States

The U.S. IRS has issued a release on seven warning signs that Employee Retention Credit claims may be incorrect. Issues to be resolved by 22 March 2024. --- IRS shares 7 warning signs Employee Retention Credit claims may be incorrect; urges businesses to revisit eligibility, resolve issues now before March 22 WASHINGTON — With a key March deadline quickly approaching, the Internal Revenue Service today highlighted special warning signs that an Employee Retention Credit (ERC) claim may be questionable to help small businesses that may need to resolve incorrect claims. The agency alerted businesses about seven suspicious warning signs that...