Taxpayers meeting eligibility rules can now use Form 907 to preserve their right to challenge ERC disallowances while the IRS ...

The IRS is now allowing certain taxpayers to file Form 907 to extend the two-year deadline for appealing a disallowed ...

The IRS has released guidance to help taxpayers understand how new limitations under the One Big Beautiful Bill Act (OBBBA) will impact existing Employee Retention Credit (ERC) claims and refunds.

Some businesses can now request more time to pursue appeals before heading to court over denial of their ERC claims. But ...

The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit after it was hit by billions of dollars in improper claims, aside from about 41,000 claims ...

The IRS has introduced a process allowing certain taxpayers to extend the deadline to challenge disallowed Employee Retention Credit (ERC) claims. Eligible taxpayers with less than six months ...

Inaccurate—and even fraudulent—employee retention credit (ERC) claims have long been creating headaches at the IRS. The One Big Beautiful Bill (OBBB) made changes designed to alleviate IRS’ burden ...

In the middle of this year, Congress passed a broad tax package that included several updates affecting business credits and filings. The legislation included provisions that formally brought the ERC ...

Recommendations from tax practitioners may have reduced improper employee retention credit (ERC) payments, according to a watchdog report that recommends four ways for the IRS to close the chapter on ...

The Employee Retention Credit may be closed to new filings, but the controversy surrounding unpaid and disallowed claims is very much alive. For many businesses, the real risk in 2026 is no longer ...

LOS ANGELES, CA / ACCESSWIRE / March 31, 2023 / The Employee Retention Credit (ERC) tax refund program from the Internal Revenue Service (IRS) was designed for small to medium-sized business (SMB) ...