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Kiplinger
Kiplinger
Business
Gabriella Cruz-Martínez

THE TRUTH ABOUT: Incorrect erc irs points to five new red flags - The Untold Story

Picture of sign saying "Internal Revenue Service" on IRS building.

The IRS identified another wave of warning signs related to incorrect Employee Retention Tax Credit (ERC) claims.

The latest handful of red flags come from common issues IRS compliance teams have spotted while reviewing and processing claims from the pandemic-era tax credit. (These are in addition to seven indicators the IRS underscored earlier this year.)

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