ERC Moratorium on Processing New Refund Claims
On September 14th, the IRS announced a moratorium on processing new refund claims through the end of the year. The intention is for the IRS to get a better handle on fraudulent claims and to slow the process to identify claims that may be less than reputable.
See key insights to this recent notice and what this means for taxpayers at the following link:
IRS Pauses Processing New ERC Claims Until 2024 : 2023 : Articles : Resources : CLA (CliftonLarsonAllen) (claconnect.com)
Ben is a trusted professional advisor providing tax, accounting, assurance and consulting services to the construction industry. As a tax principal in the Minneapolis, MN office of CLA he helps construction company's and their owners navigate industry challenges and complex tax legislation. He gained experience with 2 regional firms and a sole proprietor for 19 years prior to rejoining CLA in 2016. Ben serves as National Construction Tax Leader for CLA and is a member of the CLA Construction Strategic Leadership Team.
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