IRS Employee Retention Credit Refund Deadline Approaching for Businesses
The IRS has a looming deadline by which businesses must act to reclaim potential refunds related to the Employee Retention Credit (ERC), introduced in March 2020. Due to confusion and abuse, many claims were rejected or put on hold; however, valid claims may still be eligible for recovery if filed within two years of rejection.
Topics: businesses ERC refund deadline IRS pandemic tax credits