As ERC Lawsuits Grow

As ERC Lawsuits Grow, IRS Touts Progress In Claims Processing

But given a recent announcement, the IRS may be catching up. On October 10, 2024, the agency announced that it was currently processing roughly ...

Unprocessed ERC claims could total 1 million at year end

... Tax Conference that the number of unprocessed employee retention credit claims will grow before the final filing deadline in April.

IRS Sued for Millions Over Employee Retention Credit (ERC) Delays

IRS faces million-dollar ERC lawsuit in Ohio ... An Ohio-based industrial staffing company is suing for $5.1 million in refunds linked to pandemic ...

Matt Roberts' Article "As ERC Lawsuits Grow, IRS Touts ... - Gray Reed

The IRS Resumes Employee Retention Credit Claim Processing ...

The IRS Commissioner has described the Employee Retention Credit ("ERC") as one of the most complex tax provisions ever administered by the ...

Recent IRS ERC Update May Increase Necessity of Refund Lawsuits

The IRS acknowledged that it is about to deny a material amount (“tens of thousands”) of ERC claims based on the IRS's identification of “risky... and improper ...

Status of ERC processing and pending claims - Kipsi

These issues have led to a backlog of unprocessed claims and a series of lawsuits from employers seeking their entitled refunds. The Growing ...

Mary Sokolowski on LinkedIn: As ERC Lawsuits Grow, IRS Touts ...

Exciting news from the IRS! As ERC lawsuits increase, they're showing progress in processing outstanding claims. This is a crucial step for ...

IRS reopens Voluntary Disclosure Program to help businesses with ...

The IRS continues compliance work on questionable ERC claims on multiple fronts, with thousands of audits underway and 460 criminal cases ...

IRS Begins Processing Some Employee Retention Tax Credit ...

The IRS' glacial pace of processing claims has spurred a growing ... lawsuits in hopes of obtaining ERC payments quicker. We wrote here ...

In Pending Litigation, IRS Reveals Strategy For Managing ERC ...

As these frustrations grow, the IRS finds itself mired in more litigation involving the ERC. On December 1, 2023, a California employer ...

ERC Claim Processing Restart Is A Boon For Cash-Poor Businesses

The IRS announced Aug. 8 that businesses with ERC claims filed between Sept. 14, 2023, and Jan. 31, 2024, would begin seeing payments or denials.

What is the Employee Retention Tax Credit (ERC)?

Due to the large volume of ERC claims and IRS concerns about incorrect or fraudulent claims, on September 14, 2023, the IRS announced a moratorium through the ...

What's Happening With the Employee Retention Credit and the IRS?

Meanwhile, the massive backlog of ERC claims and processing delays have prompted refund lawsuits from employers. Subscribe to Kiplinger's Personal Finance.

Want to Sue the IRS for Unpaid ERC Claims? Consider These Factors

Fox Rothschild attorneys say businesses mulling lawsuits against the IRS for unpaid employee retention credit claims should evaluate their ...

However, Some Questionable Claims Still Need to Be Addressed

As a result, the IRS publicly committed to increase the number of employees working ERC cases to reduce the inventory. Figure 3 provides an ...

IRS Introduces Second Opportunity for ERC Claimants to Correct ...

... (ERC) Voluntary Disclosure Program for employers to correct any mistakes related to their ERC claims ... growing backlog of unprocessed claims. The ...

ERC Check Processing Time Updates & Fraudulent Provider Details ...

Many firms that marketed ERC claims to small businesses as part of pandemic relief under the CARES Act, have been embroiled in lawsuits, federal ...

IRS Disallows Thousands of ERC Claims | EisnerAmper

The IRS previously announced a Voluntary Disclosure Program (“VDP”) for claims that were paid but which the employer subsequently determined ...

Mary Malia on LinkedIn: As ERC Lawsuits Grow, IRS Touts Progress ...

Great news from the IRS! With the rise in ERC lawsuits, they are making strides in addressing pending claims. This is a vital development ...