IRS Halts Employee Retention Credit Processing Amidst Concerns of Questionable Claims
NebulaePS- Sep 15, 2023
- 3 min read
In a recent press release, the Internal Revenue Service (IRS) has taken swift action to protect taxpayers from potential scams by ordering an immediate stop to the processing of new Employee Retention Credit (ERC) claims. This decision comes as the IRS has observed a surge in questionable claims and concerns raised by tax professionals. Nebulae Profit Solutions understands the importance of staying informed about such developments, and in this blog post, we will delve into the details of this press release and its implications for businesses and taxpayers.
