IRS Ramps Up Efforts Against Aggressive Employee Retention Credit Claims
In a concerted effort to address questionable Employee Retention Credit (ERC) claims, the Internal Revenue Service (IRS) has sent over 20,000 letters to taxpayers, informing them of disallowed ERC claims. These notifications pertain to entities that either lacked existence or failed to maintain paid employees during the stipulated eligibility period, intended to prevent improper disbursement […]