With the IRS making substantial progress in the ongoing effort related to the Employee Retention Credit (ERC) claims, the agency has entered a new phase of increasing scrutiny on dubious submissions while renewing consumer warnings against aggressive marketing. Speaking Tuesday at a special roundtable session of tax professionals in Atlanta, IRS Commissioner Danny Werfel noted the IRS has shifted efforts after successfully clearing the backlog of valid ERC claims. Now, the agency is intensifying compliance work and putting in place additional procedures to deal with fraud in the program.
