Episode 28

Under the Microscope: Examining the Future of the ERC

The House Ways and Means Committee recently advanced a bill that gives businesses a proposed deadline of January 31, 2024 to file Employee Retention Credit (ERC) claims. This comes on the heels of recent announcements by the IRS whereby employers can withdraw their ERC claims or participate in a specialized ERC Voluntary Disclosure Program (VDP).

Host Matt Adams is joined by Withum’s Dan Mayo for a deep dive into the latest on how the federal government is handling alleged ERC fraud and what the future may hold for the ERC should Congress pass the Tax Relief for American Families and Workers Act of 2024.

This episode is a must-listen for anyone who has claimed – or is considering claiming – the ERC.