On Tuesday, September 24, Christopher Ferguson will present a course with CPAacademy.org where he will assess the Internal Revenue Service’s current position on the ERC, a topic among the IRS's highest enforcement priorities.
The Employee Retention Credit has quickly become among the IRS’s highest enforcement priorities. Many businesses for which the ERC was intended to help continue to wait for much-needed payment. Guidance continues to change and evolve while the IRS continues to struggle with how to address the billions of dollars in potentially illegitimate ERC claims. Under these pressures, it appears that the landscape surrounding ERC claim processing and enforcement is shifting from week to week.
Learning Objectives:
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- Identify the Employee Retention Credit
- Recognize how the Employee Retention Credit became an enforcement priority for the IRS
- Evaluate what to expect from future IRS enforcement
- Outline how to advise clients with ERC claims
