Businesses SCAMMED by Phony ERC Promoters! IRS HAS to Intervene!

This is your IRS Update with Charles Read. We have all seen and heard the commercials for the ERC tax credit, also known as ERTC, available to businesses as part of the COVID-19 relief programs. However, there have been cases where promoters have been pressuring businesses to apply even though they aren't qualified. In the hopes that the businesses give them a cut of 25% (or more)!

The IRS recently put a pause on all new claims because of the endemic fraud caused by promoters lying to business owners about their actual eligibility. Be sure to subscribe to our Channel for more Financial News and information!