Premium IRS Tax Preparation Employee Retention Credit Internal Revenue Service

IRS Maintains ERC Moratorium Despite Pressure

Jun 25, 2024 12:15:00 AM

The Internal Revenue Service (IRS) has announced it will continue its moratorium on processing new Employee Retention Credit (ERC) claims, citing concerns over potential fraud and improper claims. This decision comes despite mounting pressure from various stakeholders to lift the suspension and one lawsuit currently pending in Arizona District Court.

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Christine Gervais

Christine Gervais is a licensed CPA, using her skills to help businesses grow and achieve their fullest potential. Christine has a Master’s degree in accounting from Southern New Hampshire University in addition to holding her CPA license for over a decade. Notably, Christine is a nationally recognized speaker providing education to other CPAs on how to best serve clients as well as instruction on a wide variety of topics for business owners on how to maximize success. Christine prides herself on the value she can bring to clients with her extensive tax knowledge and provides strategic, forward-thinking financial strategies to help clients grow. When not behind her desk, you can find Christine spending quality time with her daughter and stepson or tending to the family’s excessively loved farm animals.

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Topics from this blog: Premium IRS Tax Preparation Employee Retention Credit Internal Revenue Service