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Forum » IRS swamped by bogus Covid small business tax break claims
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Thread: IRS swamped by bogus Covid small business tax break claims

post 1690060283 09-14-2023, 01:35 PM
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#1
  1. greenleaf
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  1. greenleaf
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  3. Join Date: Jan 2008
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IRS swamped by bogus Covid small business tax break claims

LOL...



IRS halts processing of a small business tax break amid ‘surge of questionable claims’

IRS Commissioner Danny Werfel ordered the agency to immediately stop processing new claims for the Employee Retention Credit.

The ERC, which was created to support small businesses during the Covid-19 pandemic, can be worth thousands of dollars per employee.

It has sparked a flood of specialist firms falsely promising businesses they qualify for the complicated tax break.

https://www.cnbc.com/2023/09/14/irs-...le-claims.html
post 1690061373 09-14-2023, 01:54 PM
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#2
  1. jtaylor2010
  1. jtaylor2010
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Sorry guys, party’s over. You don’t gotta go home but ya can’t stay here.
post 1690061873 09-14-2023, 02:03 PM
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#3
  1. Duckliver
  2. Offal
  1. Duckliver
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  4. Location: Washington, United States
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Yeah I’ve prolly gotten about 30-50 notices from random businesses offering to process erc for my business and they all claim I can get about a 1.8 x refund vs my actual full refund. Like they claim I can refund more than I was even loaned with ppp.

Keep in mind I had already processed my refunds with my accountant and banks.
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