29-09-2023 17:58 via bizjournals.com

EZ-ERC CEO on “ERC mills” and IRS moratorium on processing new claims

On September 14th, the Internal Revenue Service (IRS) announced a moratorium on the processing of Employee Retention Credit (“ERC”) claims received on or after September 14, 2023. They will not begin to process these claims until at least January 2024, while they will continue to process claims received prior to September 14, 2023, albeit at a slower pace. The IRS indicated it enacted the moratorium to add more safeguards, prevent future abuse and protect unknowing business owners fr
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