IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper – KSL.com

NEW YORK — The Internal Revenue Service said Thursday that it had reviewed 1 million claims for the employee retention credit totaling $86 billion and found that a “vast majority” were at risk of being improper. The credit was designed to help businesses retain employees during pandemic-era shutdowns, but it quickly became a hotbed of […]