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September 20, 2023
IRS Stops Processing of New ERC Claims
On September 14, 2023, the Internal Revenue Service announced that it would immediately halt the processing of new Employee Retention Credit (ERC) claims through at least December 31, 2023. This moratorium is due in large part to the IRS’s belief that new ERC claims are largely “dubious” and the IRS believes that it needs more time for enhanced review of those claims....