Beware of Potential Scams and Misinformation Surrounding the Employee Retention Credit

Covid-19Hot Spots
Written By Jennifer Joslyn

Business owners seeking to claim the Employee Retention Credit (ERC) should exercise caution to avoid falling victim to scams and misinformation. Third-party firms may mislead businesses into seeking improper credits, potentially leading to costly consequences and audits. To navigate the ERC process correctly, it is advisable to consult with a CPA firm familiar with the ERC rules and to be cautious of red flags, such as pressure tactics and lack of documentation verification.

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Jennifer Joslyn
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