Employee Retention Credits: Separating Fact from Fiction as Audits, Appeals, and Cases Grow

This presentation explains the rules, common misconceptions, tricky issues, and recent actions by the IRS as ERC battles get underway. Discussion includes the following elements that could ignite a major battle:

• Four laws
• Many sources of administrative guidance
• Rules with retroactive effect,
• Billions in refunds,
• Inconsistent assessment periods,
• Long delays,
• Companies urging aggressive position,
• And multiple civil and criminal enforcement efforts.