IRS Deserves Heat for Disastrous ERC Cost Overruns

Does the IRS deserve the heat it’s taking for its lead role in the disastrously expensive and fraud-ridden Employee Retention Credit (ERC) program?

You bet it does. And now legislation passed by the House effectively eliminates any additional ERC claims – a hard slap in the face to the taxpayers who routinely have a 3-year period in which to amend a return.

 

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