IRS Issues Warning About ERTC Scams

The IRS is continuing to warn businesses about aggressive marketing by nefarious actors involving the Employee Retention Tax Credit (ERTC). It has suspended the processing of ERTC claims until at least year end because of a spike in the number of fraudulent claims.

The IRS has now issued a series of red flags businesses should bear in mind. Warning signs include unsolicited calls mentioning an “easy application process,” claims from fraudulent promoters that a business qualifies for the ERTC even before any discussion of the company’s tax situation, large upfront fees, and additional fees based on a percentage of the refund claim. For more information:

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