IRS Checklist: Employee Retention Credit Eligibility (IRC §3134)

To help businesses and tax-exempt organizations determine their eligibility for the Employee Retention Credit, the IRS released a checklist. The IRS continues to see aggressive marketing that lures ineligible taxpayers to claim the ERC. While the credit is real, many promoters are aggressively misrepresenting who can qualify for the credit. In many instances, the IRS is seeing businesses and organizations being misled by promoters into thinking they’re eligible when they are not, the IRS stated. [IRS Employee Retention Credit Eligibility Checklist (Sept. 14, 2023)]