The ERC is “a story of people’s lives ... the IRS does not assess each set of claims from a single business at the same time. When the owner of a small oil and gas business in Texas spoke anonymously ...

For example, the owner of a small oil and gas business, who requested anonymity, told the JofA that he hired his trusted payroll company — not an ERC promoter — to prepare the $50,000 claim in ...

The IRS announced on September 14, 2023 a processing moratorium on new employee retention credit (ERC) claims. This means that it will not process any newly filed ERC claims until it works through ...