ES Bancshares, Inc. Announces the Receipt of the First Installment of Its Employee Retention Tax Credit Provided by GlobeNewswire May 20, 2025, 11:59:03 AM ...

It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en masse. After waiting a very long time (often years ...

Tax Facts 8555 / What is the CARES Act employee retention tax credit that was available during 2020 and 2021? Editor’s Note: In September 2023, the IRS stopped processing new ERC claims.

Lawsuits are descending upon the IRS over tax refunds related to the Employee Retention Credit, and this could just be the beginning. For example, an industrial staffing company in Ohio, forced to ...

The Internal Revenue Service has announced that, following the moratorium on processing Employee Retention Credit claims after Sept. 14, 2023, it is starting to process claims received prior to that ...

SAN DIEGO, July 30, 2024 /PRNewswire/ -- A surge of new IRS letters denying pandemic-era Employee Retention Tax Credit (ERTC) claims are starting to reach businesses, forcing many to navigate a ...

Tax officials see “red flags” in at least 70 percent of claims for the Employee Retention Credit program, IRS Commissioner Danny Werfel said.

Didn’t Get Your Employee Retention Credit? Sue the IRS! The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.

Eligible businesses affected by COVID-19 could receive a refundable tax credit of up to 70% of the wages they paid to employees in 2021.

The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.

Many businesses were duped into applying for Employee Retention Tax Credits they didn't deserve, agency says.