The IRS is urging businesses to resolve their improper Employee Retention Credit (ERC) issues now. The employer deadline for the second ERC Voluntary Disclosure Program is November 22. However, the IRS has extended the deadline for third-party payers using the consolidated claim process to December 31, 2024. The third-party option was also set to close on November 22. (IR 2024-296, 11/21/2024)
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