Clients and Partners: ERTC Update From the IRS
On November 2, 2023 the IRS hosted a web conference: Employee Retention Credit Latest information on Moratorium & Options for Withdrawing or Correcting Previously Filed Claims
Here are some important highlights from the event:
ERTC backlog at 600,000 and continuing to grow
IRS improving fraud controls - processing pause still in effect up to 180 days
IRS strongly encourages a CPA registered with IRS with expertise in ERTC to handle claims - like Boston Growth Partners
IRS reminds legitimate businesses that they have only 5 more months to file for 2020 refunds
IRS outlines process for entities to give their money back if they feel they were scammed. BGP clients should feel confident that their claim was filed according to all published rules and eligibility requirements
See attached to view the web conference : IRS Video Portal Home Page
Thank you for your business.
We welcome the opportunity to help any in your circle of friends, business associates, neighbors, customers, etc. Introduce us and we will guide them through our 9-step eligibility process to determine the amount of their potential refund.
