IRS Releases Second ERC Voluntary Disclosure Program

As questions continue to linger regarding the status of Employer Retention Credit refunds and IRS correspondence, the IRS announced a limited second voluntary disclosure program for taxpayers to resolve refunds or credits for erroneous employee retention credit (ERC) claims.

As the ERC Voluntary Disclosure Program reopens, it offers a special discount available through November 22, 2024. 

For further details and updates from the IRS regarding ERC claims, see the IRS news release IR-2024-212.