Navigating Employee Retention Credit: Avoiding Pitfalls for Your Business The IRS has announced “an immediate moratorium through at least the end of the year on processing new claims…to add more safeguards to prevent future abuse and protect businesses from predatory tactics.” While this moratorium is in place, companies that qualify for the Employee Retention Credit can still get ready to apply once the IRS lifts the moratorium. Now is a great time to do research and prepare. As businesses are still striving to recover from the economic impact of the COVID-19 pandemic, government initiatives such as the Employee Retention Credit

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