Uploaded November 2023 | Updated September 2026, 1 week ago
📅 Facing ERC Issues? Schedule a Free Consultation with Me Now:
https://bookme.name/noellorenzanacpa/lite/employee-retention-tax-credit-help
🚨 Attention Small Business Owners: Important Update on Employee Retention Credit (ERC). If you've been caught up in the ERC issues, today's video is essential for you. The IRS has rolled out a new process to withdraw incorrect ERC claims, offering a potential lifeline.
📋 Inside This Video:
• IRS update on pausing new ERC claims
• How "ERC mills" are misleading businesses
• New IRS withdrawal option for incorrect claims
🤔 What's Going On?
The IRS recently stopped processing new ERC claims due to a high volume of applications, many of which were incorrect because of misleading advice from "ERC mills."
✅ Good News:
The IRS has introduced a withdrawal option for incorrect ERC claims. If you've been misled, this is your chance to make it right.
👉 Watch now for this critical update on Employee Retention Credit and its impact on your small business.
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/7GRzs58EKJY
youtu.be/vUeULBAPU7k
youtu.be/-8GQV95XX08
Thanks for watching my video on, Withdraw Your Employee Retention Credit Claim Now!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - IRS Announced a New Withdrawal Option for Incorrect ERC Claims
01:16 - The ERC or Employee Retention Tax Credit
01:59 - Who Can Use The ERC Claims Withdrawal Option?
02:34 - How Do You Withdraw Your ERC Claim?
03:07 - What if You're Under Audit?
03:19 - What Do The Experts Think of This?
03:42 - ERC Claims Withdrawal Option Opportunity
Replay Video Link: youtu.be/VcvIKY8Li4I
#erccredit #employeeretentioncredit #employeeretentiontaxcredit
📅 Facing ERC Issues? Schedule a Free Consultation with Me Now:
https://bookme.name/noellorenzanacpa/lite/employee-retention-tax-credit-help
🚨 Attention Small Business Owners: Important Update on Employee Retention Credit (ERC). If you've been caught up in the ERC issues, today's video is essential for you. The IRS has rolled out a new process to withdraw incorrect ERC claims, offering a potential lifeline.
📋 Inside This Video:
• IRS update on pausing new ERC claims
• How "ERC mills" are misleading businesses
• New IRS withdrawal option for incorrect claims
🤔 What's Going On?
The IRS recently stopped processing new ERC claims due to a high volume of applications, many of which were incorrect because of misleading advice from "ERC mills."
✅ Good News:
The IRS has introduced a withdrawal option for incorrect ERC claims. If you've been misled, this is your chance to make it right.
👉 Watch now for this critical update on Employee Retention Credit and its impact on your small business.
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/7GRzs58EKJY
youtu.be/vUeULBAPU7k
youtu.be/-8GQV95XX08
Thanks for watching my video on, Withdraw Your Employee Retention Credit Claim Now!
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - IRS Announced a New Withdrawal Option for Incorrect ERC Claims
01:16 - The ERC or Employee Retention Tax Credit
01:59 - Who Can Use The ERC Claims Withdrawal Option?
02:34 - How Do You Withdraw Your ERC Claim?
03:07 - What if You're Under Audit?
03:19 - What Do The Experts Think of This?
03:42 - ERC Claims Withdrawal Option Opportunity
Replay Video Link: youtu.be/VcvIKY8Li4I
#erccredit #employeeretentioncredit #employeeretentiontaxcredit
