IRS moves forward with Employee Retention Credit Claims
The Internal Revenue Service will be processing about 50,000 "low risk “Employee Retention Credit claims, and it will be shifting the moratorium dates on processing. "The IRS projects payments will begin in September with additional payments going out in subsequent weeks," the agency said in an August 8, 2024, statement. “The IRS anticipates adding another large block of additional low risk claims for processing and payment in the fall." For more information, click on the link below or copy and paste in your browser.
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