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The Employee Retention Tax Credit Can Be Claimed Retroactively into '24 and '25
Paychex customers, including those using our ERTC Service, have received, on average, $185,000 in credit.
IRS Pauses New ERTC Claims
The IRS announced that as of Sept. 14, 2023:
- A moratorium is placed on the processing of new ERTC claims until at least the start of 2024
- Existing ERTC claims received by the agency prior to that date will continue to be processed, but at a slower pace.
The IRS acted to offset a surge of claims and to counter potential fraud.
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