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Business owner finding out if she qualifies for a tax credit

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, $177,900 in credit. However, proposed legislation would end ERTC submissions by Jan. 31, 2024. 

ERTC Disclosure Program

The IRS is offering a Voluntary Disclosure Program through March 22, 2024, to businesses that might have wrongfully received employee retention tax credit funds.

Businesses that qualify for the program have to pay back only 80% of what they received and, in exchange, provide the IRS with information on the individuals that prepared the ERTC application.

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