This month IRS announced a moratorium on ERC
(Employee Retention Credit)
This is expected to last through the end of the year.
Why did this happen?
Because IRS received a “flood of improper” ERC claims.
“The IRS is seeing a wave of these scams relentlessly pounding
taxpayers,” said IRS Commissioner Danny Werfel.
“People are being flooded with these email and text messages, but we want them to avoid getting swept up in these terrible scams. Taxpayers should be wary; remember, don’t click on links from questionable sources.”
Red flags, identified by IRS for ERC scams, include:
* Fees based on percentage of refund or
* Large upfront fees when claiming the ERC
These unscrupulous scammers use email, regular mail, phone, etc.
They’ll do anything they can to get your valuable personal and
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