Topics:
October 4, 2023
The IRS announced it will slow the processing of Employee Retention Tax Credit claims and will not process new claims until 2024
Small Businesses Hurt by Employee Retention Tax Credit Processing Delay
- The business experienced a decline in gross receipts (at least 50% decline for the 2020 quarter; at least 20% decline for the 2021 quarter) compared to the same quarter in 2019; or
- Due to a government order, the business experienced a full or partial suspension of operations. This provision also extends to suppliers of a business. If a business can prove its operations were impacted because of the inability to obtain goods or materials from its suppliers, it may qualify for ERTC.
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles

August 22, 2025
NFIB Members Meet with U.S. Sen. Bill Cassidy in Baton Rouge
The event underscored NFIB’s commitment to giving small business a strong…
Read More

August 22, 2025
NFIB Releases New Ads Thanking Congress for Making the 20% Smal…
WASHINGTON, D.C. (Aug. 22, 2025) – The National Federation of Independe…
Read More

August 21, 2025
Rep. Schmidt Participates in Roundtable With Local Small Busine…
The roundtable featured a discussion of the pro-small business wins secured…
Read More

August 20, 2025
Indiana Small Business Reminder: Avoid Composite Penalties
The Dept. of Revenue shares tips on how to avoid compliance penalties.
Read More