Business Resources to Help You and Your Employees
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.