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As you can imagine, the IRS has received an overwhelming amount of ERC claims in recent years. In fact, the IRS is in possession of 1.4 million ERC claims that are still waiting to be processed. However, as part of their efforts, the IRS has uncovered"tens of thousands" of improper claims, according to
"This is one of the most complex credits the IRS has administered, and we continue to ask taxpayers for patience as we unravel this complex process," Werfel continued."Ultimately, this period will help us protect taxpayers against improper payouts that flooded the system and get checks to those truly eligible."