The IRS has prevented the payout of over $1 billion in incorrectly claimed pandemic-era tax credits, with another $3 billion under investigation.
The are 7 telltale signs of a bad ERC claim, including claiming it for all available quarters or during periods when pandemic lockdowns weren’t in effect.
The credits were granted to businesses affected by government orders during the COVID-19 pandemic.
The IRS has prevented the payout of over $1 billion in incorrectly claimed pandemic-era tax credits, with another $3 billion under investigation.
The are 7 telltale signs of a bad ERC claim, including claiming it for all available quarters or during periods when pandemic lockdowns weren’t in effect.
The credits were granted to businesses affected by government orders during the COVID-19 pandemic.