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OverviewAPI
The IRS is issuing over 20,000 denial letters to taxpayers for Employee Retention Credit (ERC) claims, targeting ineligible individuals. The IRS is reviewing these claims and may request additional information. The ERC program provides a credit for employers who paid qualified wages to employees during economic hardships. The IRS has introduced a withdrawal option and a voluntary disclosure program to avoid future actions. Taxpayers are advised to review IRS guidance and tools to determine ERC eligibility and exercise caution when approached by promoters.

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