IRS Announces Intention to Scrutinize ERC Claims Arising from Supply Chain Disruptions
$325.00
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August 2023 Although the ERC is no longer available for current tax years, eligible employers may still claim it for past years. The IRS recently released a memorandum, AM 2023-005, that addresses ERC claims arising from supply chain disruptions rather than direct orders from the government. The memorandum makes clear that the IRS will only allow this type of ERC claim in narrow circumstances. View the full article here.
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