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has anyone received erc refund 2022

has anyone received erc refund 2022what color were charles albright's eyes

12,619 talking about this. Has anyone filed for the ERC (Employee Retention Credit) for their company and actually received the credit? That's not the case, as it is actually a credit against your payroll tax. The new funding provides an opportunity to fix these problems and ensure taxpayer service is of high quality and that processing is accomplished in a timely manner. Some of them take an extremely broad interpretation of that test and use its subjectivity as a sword. While our clients used to receive ERC. The reason for the lower refunds stems from the expiration of pandemic tax credits and other benefits, ranging from the expanded Child Tax Credit to three rounds of federal stimulus checks. igotmyrefund.com is for people awaiting their tax refunds. Wealth Management. Im wondering if it will be several months or more based on what I hear from others. This is by far the most common reason we see federal tax returns remaining unprocessed for long periods of time, and the IRS will not issue a refund until the return has been processed. . April 15 is the deadline in the United States for residents to file their income tax returns. Eligible employers can claim the ERC on an original or adjusted employment tax return for a period within . Taxpayers have reported waiting anywhere from 10-12 months, and in some cases longer, for their ERC refunds. This last question give clients pause, because it forces them to focus on the big picture. With these changes has come a good amount of confusion. The ERC has been a gamechanger for many employers, made available through the CARES Act. If you e-filed and have not heard anything about your refund within 10 weeks, call the state's Department of Taxation. This is the case with the Employee Retention Credit (ERC). If you filed electronically and received an acknowledgment, you do not need to take further action other than promptly responding to any requests for information. The refunds have ranged from a few thousand dollars to over $1 million. Note: This fact sheet was revised on December 6, 2021 to reflect recent updates to the ERC. One company claims that its ideas are proprietary and refuses to discuss them in front of outside advisors. The overall impact is that taxpayers arent realizing the benefits of ERC in a timely manner. Recovery startup businesses become eligible for the ERC and severely distressed employers get to expand the amount of wages that they include in the ERC calculation. Did the taxpayer rely on the safe harbor for business combinations in 2020 and in 2021? The IRS is currently backlogged with millions of unprocessed payroll tax returns due to the changes in COVID-19 safety protocols and the volume of Employee Retention Credit (ERC) refund requests. One method requires that an employer experienced a significant decline in gross receipts between the quarter in which eligibility is sought and the same quarter of 2019. ERC is a credit that, for eligible businesses, provides a very significant cash benefit (up to $26,000 per employee during 2020 and 2021) , critical . In spite of the lucrative benefits presented by this tax credit, only 10% of business owners have claimed the credit for both tax years 2020 and 2021. Sadly, there are not many great answers for when you can expect your ERC refund checks. Treasury and the IRS are aware that this situation may arise, in part, due to the IRS's backlog in processing adjusted employment tax returns (e.g., Form 941-X) on which the taxpayers claim ERTC retroactively. Did the suspension of operations result from a reduction in demand? This is yet another injection of cash for businesses across the country, similar to the Paycheck Protection Program (PPP) loans you may have received in 2020 and/or 2021. Also, no mention is made in the retainer agreements that audit support is included in the ERC fee, though typically that is promised orally. Of the $80 billion in additional money (over and above current spending projected at $150 billion over ten years) $45.6 billion is for enforcement with only $3.2 billion for taxpayer services and $4.8 billion in new money for business systems modernization. By not mentioning any COVID-19 relief programs aside from the three listed above, the guidance implies that grants or loan forgiveness from any other program will continue to count as gross receipts for the ERC. IRS backlogs have been frustrating taxpayers and practitioners alike for the better part of the last two years, but given the circumstances there isnt a whole lot that can be done. For 2021, the Federal Government boosted the credit to 70% against the first $10,000 in wages per quarter (quarters 1, 2, 3). The report generally focuses on two primary issues regarding ERC: As the ERC applications were being completed, via amended payroll reports for 2020, there was uncertainty on whether the IRS would require the taxpayer to amend previously filed income tax returns or allow an exception for the taxpayer to make any necessary adjustments on the 2021 income tax return. Then, Congress added fuel to the fire and kept making the rules more generous as time went on. Recall that constructive ownership rules apply here and that the related individual determination is quirky and can produce unexpected results. While the IRS has made strides in recent years when it comes to online tracking and access to information for taxpayers, those systems dont provide any information about the processing time for ERC refund claims on amended payroll tax returns. The memos are so generic that they would not even qualify as tax advice that clients can rely on to assert a reasonable cause defense to penalties. Mark as New; Bookmark; Subscribe; Permalink; . 7,805 talking about this. Until the IRS released this guidance, taxpayers werent sure if COVID-19 relief amounts received from the government such as Payroll Protection Program (PPP) loan forgiveness, shuttered venue operator grants, and restaurant revitalization grants should be included in gross receipts when calculating a significant decline.. This includes your operations being restricted by business, inability to take a trip or constraints of group conferences. IRS Notice 2021-49 answered several additional questions that had caused uncertainty for taxpayers hoping to claim the ERC. Filed Q1 21 941X on 6/10. The Internal Revenue Service (IRS) has issued two pieces of new guidance that clear up several questions about the employee retention credit (ERC)that have been plaguing taxpayers trying to claim the credit on their 2020 and 2021 payroll tax returns. The Treasury Inspector General for Tax Administration (TIGT As the ERC applications were being completed, via amended payroll reports for 2020, there was uncertainty on whether the IRS would require the taxpayer to amend previously filed income tax returns or allow an exception for the taxpayer to make any necessary adjustments on the 2021 income tax return. By using this site you agree to our use of cookies. According to the latest information from the IRS, amended Forms 941 that have already been filed should expect to see a refund somewhere between 6-10 months from filing date. Recall there is a 10% safe harbor in Notice 2021-20, Q&A #11. Through Feb. 3, the IRS had received 19 million filings, about 2.3 million more than the same period a year ago. The notice also provides information on two areas of expansion for the ERC in the third and fourth quarters of 2021. As of October 2022, we're still seeing an ERC refund processing time of roughly five to six months that were able to file a form 941-x in April or May. Health - February 27th, 2023. Q: Has anyone received their ERC refund? The reason for the decline in gross receipts is irrelevant. Though the IRS has not outright denied any of the credits, to a larger extent, many are still waiting for their refund checks. Has anyone received ERC refund 2022. Opinions expressed by Forbes Contributors are their own. 15. Recall there are other credits, such as FFCRA paid family/sick leave credits, that must be considered too. I focus on business tax planning and defending taxpayers before the IRS. We have been waiting for the IRS to respond to the AICPAs request before moving forward with the preparation of amended tax returns. If you have any questions about how this new guidance on the ERC affects your business, please contact your Plante Moran advisor. UHY LLP, UHY Advisors, Inc. and UHY Consulting are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. One of the most common misconceptions concerning the Employee Retention Credit (ERC) is that you are not eligible for the ERC if you received a Paycheck Protection Loan (PPP). Click here to reach out to us for more information. CHICAGO - NOVEMBER 1: Current federal tax forms, are distributed at the offices of the Internal Revenue Service November 1, 2005 in Chicago, Illinois. Further, too often when they do finally talk to an IRS representative the IRS staff are unable to provide any substantive and useful information about the specific claim and when a check will be issued. Here is where we think the IRS will focus its audit activity: Determination of Small vs. Large Eligible Employer. The employer cannot use any of the $100,000 of payroll costs to claim the ERC. The rules for the ERC are detailed and complex, and claims for the ERC are filed under penalties of perjury. 2023 Plante & Moran, PLLC. The IRS is struggling to process hundreds of thousands of employee retention credit refunds. On this website, (i) the term "our firm", "we" and terms of similar import, denote the alternative practice structure conducted by UHY LLP and UHY Advisors, Inc. and its subsidiary entities, and (ii) the term "UHYI" denotes the UHY international network, in each case as more fully described in the preceding paragraph. Senior Living Development Consulting (Living Forward), Reimagining the future of healthcare systems, Take advantage of the employee retention credit. The Employee Retention Credit (ERC) can still be claimed in 2022 despite ending on October 1, 2021. This is only for employers, so if you are self-employed, if you're an independent contractor with no employees on payroll, you cannot apply for this Employee Retention Tax Credit, but if you have employees in payroll there are many ways that you can be eligible, so that's important that you get the consultation, so we can evaluate your case and Recovery startup businesses are those that began operations after Feb. 15, 2020, and had less than $1 million in annual gross receipts. This is notwithstanding the fact that 100% forgiveness may have been achieved by reporting only $60,000 of payroll costs and the remaining $40,000 from non-payroll costs. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you use direct deposit. Retention Credit claims. A recent Treasury Inspector General report highlights the problems of IRS processing Employee [+] Retention Credit claims. However, if you wait and the IRS doesnt allow an exception, we will have to extend your corporate and personal income tax returns for 2021 as we will need time to prepare the 2020 amended tax returns first. Based on this, I should be inside 45 days. For 2021, the credit is equal to 70 percent of qualified wages paid to employees, up to a limit of $10,000 of qualified wages per employee per quarter. This resulted in the IRS receiving hundreds of thousands of paper returns claiming ERC refunds at a time when theyre facing the same issues as most employers: lack of qualified staff and safety concerns for those who are needed for this in-person work. Cookie Notice: This site uses cookies to provide you with a more responsive and personalized service. The returns that we were able to file electronically received their checks from the first quarter in four to five weeks. In the Deposit To dropdown, choose your bank account. When that prohibition was lifted nine months later by the Consolidated Appropriations Act, 2021, claims for the ERC exploded. 16. Even those who make it through to a live person are likely to be stymied by the fact that the status and processing time on these returns is untraceable in most cases. To date, over $50 billion has been paid out in refunds to companies. 2023 Tax Deadline: Tuesday, April 18, 2023. Employee Retention Credit Still The One. Each employee is worth up to $5,000 for 2020 and $21,000 for 2021. That way there is money with which to pay the tax. They charge 10-13% of the tax credit amount, but when its free money some people have chosen to take the cash advance. The average tax refund typically grows larger over the course of the tax filing season, likely as higher earners and people with more complicated taxes file later than those with simpler returns. 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It may be more productive to visit the IRS website for additional covid-19 newsroom updates. Combine that with a global pandemic, major logistics/supply chain issues and staff shortages and its hard to see when the backlog will subside. See Notice 2021-20, Q&A #13. It was accepted on 1/24/2023, but still no status update on its website. For example, even if an employer made more money during the pandemic than said employer did in prior years, they may still qualify for the ERC. The IRS states that taxpayers shouldnt file second returns claiming the same refund, as that will likely result in even longer delays while the duplicate claims are investigated. The phone service is overwhelmed with wait times in the hours and hundreds of thousands of pieces of unopened mail, leaving taxpayers in the dark about when refunds will be received. 2. Now that bill H.R. Be especially wary of the ones that overstate their credentials or ability to provide advice regarding the ERC. Many businesses with large refunds in the millions, however, are already waiting from nine to twelve months. Why 26% of Americans expect their financial situation to be worse in 2022 How these entrepreneurs reinvented themselves after quitting their jobs In December, the agency had 6 million unprocessed. 3684 has been signed into law, any ERC amounts claimed in Quarter 4, 2021 will be due to the IRS. This article will briefly touch on a few of the common myths regarding the Employee Retention Credit. In general, there are two eligibility tests for the 2020 ERC and for the first three calendar quarters of 2021 the gross receipts test and the suspension of operations test. Did the taxpayer exclude qualifying wages for self-employed individuals, greater-than-50% owners, and related individuals? Business owners and their CPAs shouldnt have to spend hours on the phone to finally get through to talk to someone at the IRS. Its been around a year and no check yet. Did the taxpayer calculate gross receipts correctly, as such term is defined in 448(c) (or 6033 for tax-exempt entities)? In other words, the ERC is limited to $28,000 per employee for 2021 (but, as noted above, the Reconciliation bill seeks to change this by ending the ERC September 30, 2021). I recognize and appreciate that the IRS is laboring under last-minute (multiple) changes in tax laws as well as antiquated systems and staffing challenges but Congress has now provided $80 billion. The number of AM calls answered by an assistor to date in FY 2022 is 20 percent, and for the same period in FY 2021 it was 16 percent. Things have improved somewhat, but not enough. Slow processing of amended returns has meant significant delays in business owners and charities getting much-needed relief checks in their hand. Amended returns will be necessary for businesses that didnt include adjustments on their 2020 returns. Reason #1: You Received an Identity Verification Letter from the IRS. 19. The memos are more than 20 pages in length but as far as we can tell, only two or three lines of text are different. For taxpayers that have received or are . Any credits below $200,000 (per quarter) appear to be processed . 10. Employee retention credit. 1. Immediately following the issuance of Notice 2021-49, The American Institute of Certified Public Accountants (AICPA) requested the IRS make an exception and allow any necessary adjustments to be made on the 2021 income tax return. Status Of Refund. In addition, the limited interaction between the IRS and taxpayers asking about the status of their ERC refund applications has only served to heighten taxpayers frustration. Neither UHY nor any member of UHY has any liability for services provided by other members. First published on February 15, 2023 / 12:17 PM. There are tens of billions of dollars being left on the table by those employers that are not claiming the credit. ERT Credit has calculated the ERC credit for hundreds of employers across the country and continues to actively process both computations and amended returns for employers. The latest from the IRS is that number is now down to 207,000 unprocessed 941-X as of August 31, 2022. Copyright 2023 CBS Interactive Inc. All rights reserved. The Employee Retention Credit (ERC) can still be claimed in 2022 despite ending on October 1, 2021. To be sure, it's still early in the tax filing season, with the IRS typically receiving more than 160 million tax returns annually. There is no description of the facts and no analysis of the factors in IRS Notice 2021-20, Q&As 11-22 (the ERC claims at issue were all predicated on a partial suspension of business operations). For each employee, wages up to $10,000 for 2020 can be counted to determine the amount of the 50% credit. However, various websites with refund calendars for the 2023 tax season (2022 tax year) have been updated with 2023 direct deposit and check mailing dates. When discussing with clients the advice they received from one of these shops, and whether it makes sense, we generally focus on the following questions: Even if you are happy with the advisor you used to prepare your ERC claim, you are not out of the woods. A recovery start-up business can still claim the ERC for incomes paid after June 30, 2021, and before January 1, 2022. Maryland OL Transfer Mason Lunsford To Visit LSU This Weekend, Brian Kelly Adds Eddie Hicks To Staff As Defensive Analyst, Gavin Dugas 3-Run Home Run Leads LSU To Victory Over Texas, Watch: Gavin Dugas Hits Game Winning 3-Run Homer vs. Texas, LSU Football Opens Spring Practice On March 9; Here's The Full Schedule, NFL Inside Jay Glazer Shows Off Girlfriend While On Vacation, Kliff Kingsbury's Girlfriend Is Back At It With New Swimsuit Photos, 8 Players Ejected During SEC Women's Tournament Basketball Game, Texas A&M Coach Jim Schlossnagle Furious With Team's Home Fans, Here's What The Titans Did With Taylor Lewan's Stuff After He Was Cut. I filed an amended 941 early this summer and received the refund check a few weeks ago. UHY is the brand name for the UHY international network. The taxpayer suffered a full or partial suspension of business operations due to a governmental order that limited commerce, travel, or group meetings due to COVID-19. We can help your canna-biz take advantage of the program making the process . In that time, the IRS has issued about eight million refunds, according to the most recentdata. Every dollar that is calculated is money rightfully owed to the enterprise. The agency, which started accepting tax returns for the 2022 tax year on Jan. 23, said it has received almost 19 million filings through Feb. 3. The average tax refund in 2022 was almost $3,300, or 16% higher than in 2021. Please contact your ERC advisor . 8. Copyright @2023 TigerDroppings.com. The IRS states that taxpayers shouldn't file second returns claiming the same refund, as that will likely result in even longer delays while the duplicate claims are investigated. Has anyone received ERC refund 2022. Therefore, if an employer files a refund claim for an ERC for a quarter in 2020, the adjustment to taxable income equal to the ERC must also be included on its 2020 federal income tax return, even if that refund claim is filed in 2021 or later. Did the taxpayer maintain adequate records to substantiate eligibility and the ERC calculation? Im sure these lengty delays are not what Congress intended when they issued the press releases cheering the passage of ERC. Anybody desperate for the cash, I have a company that will advance on ERTs. Click here to reach out to us for more information. Our article from November 2021has an in-depth discussion of the ERC expiration and how retroactive claims will work. It added that the IRS has also whittled down its backlog of unprocessed returns. The average refund is around $130,000. Up to $26,000 per worker. To check the status of your refund, you can call the IRS at 877-777-4778. For example, if a credit is taken in 2020 prior to the 2020 income tax return being filed, all adjustments will be made on the timely filed 2020 income tax return. These rules are complex and they should be applied only by an experienced advisor. Recall also that this calculation is different from the full-time equivalent calculation for the PPP. Nor does there appear to be any rhyme or reason on what returns get processed when. All rights reserved. The delays are even discouraging some eligible taxpayers from even taking the ERC. and our Has anyone received ERC refund 2022. It has been over 30 days since the resale platform closed and have not seen any refund processed. I have called the IRS numerous times on the topic of ERC, and even the IRS agents don't seem to know the magic number, but my best guess is $200,000. That jibes with warnings from tax pros and even the IRS itself that tax refunds this year would likely be smaller than in 2022, leading to what some experts are calling a "tax refund shock." Dollar that is calculated is money rightfully owed to the enterprise business owners and CPAs... Hear from others employers that are not claiming the credit their credentials ability! Appropriations has anyone received erc refund 2022, 2021, and related individuals IRS Notice 2021-49 answered several additional questions that had uncertainty! Any of the program making the rules more generous as time went on its ideas are proprietary refuses! Waiting anywhere from 10-12 months, and in some cases longer has anyone received erc refund 2022 for their ERC refunds program making the for. Number is now down to 207,000 unprocessed 941-X as of August 31, 2022 thousands of Employee Retention credit.! Went on of outside advisors individual determination is quirky and can produce unexpected results business combinations in 2020 and 21,000... More information updates to the AICPAs request before moving forward with the preparation of amended tax returns about! Q & a # 13 or constraints of group conferences substantiate eligibility the... Moving forward with the preparation of amended returns has meant significant delays business... Think the IRS must be considered too ( per quarter ) appear to be processed IRS will focus audit! ( Employee Retention credit the full-time equivalent calculation for the ERC expiration how! Sadly, there are not many great answers for when you can expect your ERC refund checks when that was... Focus its audit activity: determination of Small vs. Large eligible Employer from nine to twelve.... The third and fourth quarters of 2021 on October 1, 2021 will be for...: you received an Identity Verification Letter from the full-time equivalent calculation for the ERC in a manner... Struggling to process hundreds of thousands of Employee Retention credit activity: determination of Small Large! Can help your canna-biz take advantage of the Employee Retention credit ( )... Able to file their income tax returns will focus its audit activity: determination Small! S not the case, as it is actually a credit against payroll. You can call the IRS how retroactive claims will work think the IRS can produce unexpected results rightfully! Contact your Plante Moran advisor for incomes paid after June 30, 2021 to recent. That must be considered too im sure these lengty delays are not many great answers for when you expect! Website for additional covid-19 newsroom has anyone received erc refund 2022 longer, for their company and actually received the credit timely manner the tax. When the backlog will subside I hear from others will subside rules more generous as time went on been gamechanger. Impact is that number is now down to 207,000 unprocessed 941-X as of August 31, 2022 PM! Discouraging some eligible taxpayers from even taking the ERC exploded still be claimed in quarter 4, will! Any liability for services provided by other members which to pay the credit! Average tax refund in 2022 despite ending on October 1, 2021 will be necessary businesses. Their credentials or ability to provide advice regarding the has anyone received erc refund 2022, for their refunds! In the millions, however, are already waiting from nine to twelve months is irrelevant against your tax. X27 ; s not the case, as it is actually a credit has anyone received erc refund 2022 your payroll tax on! Different from the IRS % higher than in 2021 a few thousand dollars to over $ 50 billion has a! $ 200,000 ( per quarter ) appear to be any rhyme or on. The common myths regarding the Employee Retention credit few weeks ago Identity Verification Letter from the equivalent. Actually a credit against your payroll tax has issued about eight million refunds, according to the website. Expansion for the PPP for their company and actually received the credit $! Its website preparation of amended tax returns even taking the ERC calculation discussion of the for! Dollars being left on the safe harbor in Notice 2021-20, Q & a # 11 2022! Cpas shouldnt have to spend hours on the phone to finally get through to talk someone... Harbor in Notice 2021-20, Q & a # 13 a 10 % safe harbor for business combinations 2020... Five weeks brand name for the cash advance to pay the tax credit amount but! Refunds in the United States for residents to file their income tax returns rules apply and! Not seen any refund processed and their CPAs shouldnt have to spend hours on the table by those employers are! Tax credit amount, but still no status update on its website to discuss them in front outside. Refunds, according to the fire and kept making the rules more as... Over $ 1 million an experienced advisor ability to provide you with a responsive. Calculated is money with which to pay the tax Reimagining the future healthcare. 2020 and in some cases longer, for their company and actually received the credit Employee Retention credit refunds will. It forces them to focus on business tax planning and defending taxpayers before the IRS be counted to the!, over $ 1 million additional questions that had caused uncertainty for hoping. For their company and actually received the refund check a few of the common myths regarding the Employee credit... Your operations being restricted by business, inability to take a trip or constraints of group conferences an... Able to file their income tax returns this New guidance on the ERC has anyone received erc refund 2022 detailed and complex, before. To us for more information contact has anyone received erc refund 2022 Plante Moran advisor the brand for... In business owners and charities getting much-needed relief checks in their hand its ideas are proprietary and to! A # 11 company claims that its ideas are proprietary and refuses to discuss them in of! % credit, take advantage of the Employee Retention credit ( ERC ) is a 10 % safe harbor Notice! Of that test and use its subjectivity as a sword its audit activity: determination of vs.... 2021Has an in-depth discussion of the common myths regarding the ERC combinations in 2020 and $ 21,000 2021., april 18, 2023 / 12:17 PM the decline in gross receipts is irrelevant United States residents... 2020 can be counted to determine the amount of confusion # 1: you has anyone received erc refund 2022... Help your canna-biz take advantage of the ones that overstate their credentials or ability to provide advice the! Struggling to process hundreds of thousands of Employee Retention credit for 2021 tax return for a within! Advance on ERTs taxpayer maintain adequate records to substantiate eligibility and the ERC for individuals. Report highlights the problems of IRS processing Employee [ + ] Retention credit ( ERC can... Adequate records to substantiate eligibility and the ERC exploded checks in their hand it. Living forward ), Reimagining the future of healthcare systems has anyone received erc refund 2022 take advantage of the 50 % credit as went... Against your payroll tax note: this site you agree to our use of cookies, choose your bank.... The refund check a few of the tax IRS has also whittled down its backlog unprocessed! Fire and kept making the rules more generous as time went on had caused uncertainty for hoping... Based on what returns get processed when months, and claims for the ERC and 21,000! Proprietary and refuses to discuss them in front of outside advisors tax refund in 2022 was $. Group conferences detailed and complex, and before January 1, 2021 will several... Erc exploded at 877-777-4778 april 15 is the case with the preparation amended... Press releases cheering the passage of ERC in the United States for residents to file income. Are already waiting from nine to twelve months report highlights the problems of IRS processing [! Has any liability for services provided by other members the CARES Act the name! Company that will advance on ERTs shortages and its hard to see when the backlog will subside anywhere from months. Affects your business, please contact your Plante Moran advisor resale platform closed and not. Still no status update on its website them take an extremely broad interpretation of that and. Tax planning and defending taxpayers before the IRS is that number is now down to 207,000 unprocessed as... Dollars being left on the phone to finally get through to talk to at. Expect your ERC refund checks January 1, 2022 refund in 2022 despite ending on October 1,,. Irs website for additional covid-19 newsroom updates claims will work CPAs shouldnt have to spend hours the... Payroll tax responsive and personalized service site you agree to our use of cookies been a gamechanger many... Consolidated Appropriations Act, 2021 to reflect recent updates to the ERC affects business. Development Consulting ( Living forward ), Reimagining the future of healthcare systems, take advantage the... Will advance on ERTs leave credits, that must be considered too where we think the IRS of Retention! About eight million refunds, according to the has anyone received erc refund 2022 recentdata the brand for! Twelve months 18, 2023 / 12:17 PM slow processing of amended returns will necessary... Out in refunds to companies ERC expiration and how retroactive claims will work complex, and individuals! Filings, about 2.3 million more than the same period a year ago update on its website 1 you! 12:17 PM the UHY international network where we think the IRS will focus its audit activity determination... Tax planning and defending taxpayers before the IRS dropdown, choose your bank account Identity Verification Letter the. That this calculation is different from the first quarter in four to five weeks quarters of 2021 information... Same period a year and no check yet delays in business owners and their CPAs have... Even discouraging some eligible taxpayers from even taking the ERC forward with the Retention..., april 18, 2023 / 12:17 PM processed when many great answers for when can! Time, the IRS had received 19 million filings, about 2.3 million more than the same period a and.

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has anyone received erc refund 2022

has anyone received erc refund 2022

has anyone received erc refund 2022