We all knew that this day was coming and it has finally arrived. Several companies recently notified us that their applications for employee retention credit (ERC) are being audited by the IRS. This doesn't mean that these companies did anything wrong or that they end up owing money to the IRS; it just means that the IRS selected their ERC claims for review. It is not known if they were randomly selected for the audit or if they were attacked for any reason.
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