IRS halts processing of a small business tax break amid 'surge of questionable claims'

IRS halts processing of a small business tax break amid 'surge of questionable claims'

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IRS Commissioner Danny Werfel on Thursday ordered the agency to immediately stop processing new claims for a pandemic-era small business tax break to protect filers from a "surge of questionable claims." The employee retention credit, or ERC, was created to support small businesses during the…

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