ERC Claim Pause: What’s Behind the Delay and What You Can D

IRS Pauses ERC Claims Processing: What You Need to Know

Small Businesses Wait Anxiously for ERC Claim Approval as IRS Works to Combat Fraud

According to Fortune, The IRS has stopped processing some Employee Retention Credit (ERC) claims. This is because they are still trying to figure out which claims are real and which are not. They found that 10-20% of claims are safe, 60-70% are not, and 10-20% are high-risk.

Many small business owners are upset because they are still waiting for their claims to be approved. They need this money to keep their businesses running. The IRS says they will start approving the safe claims soon, but it’s not clear when the others will be approved. Some business owners have been waiting for a long time, and it’s hard for them to make ends meet.

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ERC Claim Pause: What’s Behind the Delay and What You Can D (PHOTO: GOOGLE)

The IRS’s Struggle to Process ERC Claims: What’s Causing the Delay?

The ERC program was started to help businesses during the COVID-19 pandemic. It helped them keep their employees and pay for health insurance. But the process has been slow and confusing. The IRS needs to make it easier for businesses to get the help they need.

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