IRS Places Moratorium on the Processing of New ERC Filings

If you’re looking to file an Employee Retention Credit claim with the IRS, please note that there is a hold on processing of all new ERC filings until at least January 1, 2024 – according to the IRS. This decision has been made in response to the growing concerns of fraudulent activity associated with the ERC program. If you’ve already filed an ERC claim with the IRS before 9/14/2023, don’t be alarmed. Your claim will continue to be processed, but you may experience a longer wait time than normal.

For further details, we encourage you to read the official statement from the IRS available here.

We want to reassure you that HORNE will continue to prepare and submit ERC claims on your behalf. While future ERC claims may result in delayed refunds, it’s important to note that those refunds will continue to accrue interest.

At HORNE, we are committed to providing you with the best possible service, and we are here to address any questions or concerns you may have. Please do not hesitate to reach out to us if you need assistance or further clarification.

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