Press Release: Gillibrand Demands IRS Address Backlog, Issue Overdue Tax Refunds to Small Businesses

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Written By Paul Dubanowitz

PRESS RELEASE

Gillibrand Demands IRS Address Backlog, Issue Overdue Tax Refunds to Small Businesses

U.S. Senator Kirsten Gillibrand held a video press conference to demand that the Internal Revenue Service (IRS) address its backlog and issue overdue Employee Retention Credit (ERC) refunds to small businesses and nonprofits that have filed for them. The ERC was established in 2020 to provide tax relief to businesses that retained their employees during the pandemic. The IRS currently has as many as 1 million unprocessed ERC claims, meaning that many struggling small New York businesses have yet to receive the money they are owed. 

Paul Dubanowitz
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