Bryan C. Skarlatos was quoted in an October 5th, 2023 article published in The Wall Street Journal titled “IRS Fight Against Pandemic Tax-Credit Scams Won’t Be Simple or Fast.” The Internal Revenue Service has labeled promoters of a popular pandemic-era tax credit, employee-retention credits, or ERC refunds, as unscrupulous scammers.
IRS Also Forecasts ERC Settlement Program On September 14, 2023, IRS Commissioner Danny Werfel ordered an immediate moratorium on the processing of Employee Retention Tax Credit (“ERC”) claims. According to the IRS, the moratorium will be in place through at least December 31, 2023. The moratorium is the IRS’s boldest step
Christopher M. Ferguson was quoted extensively in a recent Tax Notes article titled “IRS May Face Constraints in Quest to Curb ERC Abuse,” published on July 28, 2023. The article focuses on the IRS’s increased scrutiny of Employee Retention Credit (ERC) claims in response to concerns over widespread abuse of the credit. In
