Paychex THRIVE Week in Review: IRS Pauses Review of ERTC Claims, Entrepreneurship Trendy, Healthcare Costs to Soar

Summary

If you’ve filed a claim for the employee retention tax credit after Sept. 13, 2023, expect a delay. The IRS has placed a pause on reviewing new claims until the new year. Gene Marks says the big picture rules won’t change but this will help the IRS weed out the fraudulent claims. On a good note, 1 in 5 adults have started businesses in the past three years as a report shows entrepreneurship on the rise, much like health care costs for employers. Gene shares his insights on how businesses can approach both topics on this week’s podcast.

Listen here: https://www.paychex.com/worx/podcasts/business/ertc-claims-entrepreneurship-health-care-costs