The ERC: Current State of Affairs
The Employee Retention Tax Credit (ERC) continues to make waves in the business and tax communities.
The IRS has lifted its moratorium and resumed processing claims. While the IRS restarts issuing checks and denial letters, refund litigation and withdrawal of claims is possible. And as the second voluntary disclosure deadline approaches, two bills to retroactively end the ERC also sit in Congress with a looming deadline for passage.
Prepare yourself for what’s to come with our panel discussion, where our attorneys will discuss:
- Background of the ERC
- Claim processing moratorium
- Withdrawal option
- Upcoming deadline for the second voluntary disclosure program
- Processing issues: grants and denials
- Impact of Loper Bright
- Refund litigation
- Retroactive termination of the ERC
- Update on criminal investigations
Speakers:
Matthew D. Lee, Partner, Fox Rothschild
Brian C. Bernhardt, Partner, Fox Rothschild
Elizabeth K. Blickley, Partner, Fox Rothschild
Jonathan M. Wasser, Associate, Fox Rothschild
Fox Rothschild LLP is an Accredited Provider of Continuing Legal Education in California, Nevada, New Jersey, New York, Pennsylvania, and Texas. This program is eligible for a maximum of 90 minutes of CLE instruction in these states. Credit is pending in North Carolina. Attorneys seeking credit in other jurisdictions may apply individually for accreditation. We will provide a uniform certificate of attendance and timed agenda upon request.
