On October 19, 2023, the IRS announced (IR-2023-193) a withdrawal process for Employee Retention Credit (ERC) claims. The ERC withdrawal procedure follows an earlier IRS announcement (2023-169) on ...

A taxpayer may withdraw its ERC claim only if all of the following requirements are met: The taxpayer made the ERC claim on an adjusted employment tax return (Forms 941-X, 943-X, 944-X, CT-1X).

Tax IRS offers process for withdrawing bogus ERC claims By Michael Cohn October 19, 2023, 10:10 a.m. EDT 5 Min Read ...

Now, unemployment. “You will not need to claim a 401 (k) withdrawal on your unemployment benefits, nor claim distributions on an IRA account,” Gobo said, citing the state’s website.