WASHINGTON, D.C. (Sept. 18, 2023) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released the following statement in response to the Internal Revenue Service’s announcement that they will slow processing of existing claims and will not process new claims from small businesses for the Employee Retention Tax Credit until 2024.
“While misleading marketing for the Employee Retention Tax Credit remains a problem, the IRS should not penalize the hundreds of thousands of small businesses that have followed the eligibility rules, correctly filed claims, and need help now,” said Kevin Kuhlman, NFIB Vice President of Federal Government Relations. “NFIB has heard from many small business owners who are frustrated by the delays in processing claims and lack of communication from the IRS. By further delaying the processing of existing claims, the IRS is making it more difficult for small businesses to operate, keep employees, and create jobs.”
