In recent weeks, IRS Commissioner Danny Werfel said the agency has denied 28,000 high-risk claims for the Employee Retention Credit worth about $5 billion and initiated 460 criminal cases ...

The Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era employee retention tax credit, and to maintain a moratorium on processing claims filed since mid ...

New claims for the employee retention credit, or ERC, won’t be processed until at least 2024, the IRS announced Thursday.

The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper.

The IRS will deny billions of dollars’ worth of improper employee retention credit claims. Here’s what small businesses need to know.

The IRS to Deny Billions of Dollars of Improper Employee Retention Tax Credit Claims Small-business owners with proper claims, however, could start seeing payments later this summer.

The Internal Revenue Service is pausing accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent.