ERTC: Updates on IRS Guidance, Withdrawal, Repayment, & Audits (Completed)

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This timely, online course provides tax professionals with critical updates on the rapidly evolving IRS guidance surrounding the Employee Retention Credit (ERC). As IRS enforcement intensifies, practitioners must stay current on refund reporting, audit exposure, repayment options, and withdrawal strategies to properly advise clients and reduce regulatory and financial risk.

Participants will review the IRS’s current status of ERC claim processing, updated reporting guidance for refunds received or denied, and new IRS and OBBBA developments impacting statute of limitations, eligibility standards, and ERC promoter enforcement. The course also addresses best practices for amending tax returns, confirming partner and shareholder basis, and evaluating deduction opportunities related to denied ERC claims.

Designed with a practical, compliance-focused approach, this webinar equips tax professionals with the tools needed to assess ERC exposure, navigate audits and IRS inquiries, and confidently guide clients through repayment, withdrawal, or amended filing decisions in today’s heightened enforcement environment.

Who Should Attend
This course is designed for tax professionals who advise clients with approved, denied, or pending ERC claims and need practical guidance in a heightened enforcement environment. Ideal attendees include CPAs, enrolled agents, tax attorneys, and firm leadership responsible for ERC compliance, audit defense strategies, and client risk assessment.

Topics Covered

• Current IRS ERC audit activity and compliance investigations
• IRS ERC Withdrawal Program and claim withdrawal procedures
• Repayment considerations for ERC refunds received
• Filing amended returns related to ERC refunds and denied claims
• Updated eligibility standards for valid ERC claims
• Proper reporting of ERC refunds under the latest IRS guidance
• IRS ERC FAQs and administrative updates
• OBBBA guidance impacting ERC statute of limitations
• OBBBA classifications and enforcement actions related to ERC promoters
• Best practices for advising clients with ERC exposure
• Partner and shareholder basis considerations tied to ERC refunds
• Audit readiness and responding to IRS ERC inquiries

Learning Objectives

• Identify clients who may be eligible for tax deductions related to denied ERC claims
• Evaluate client exposure to IRS audits or compliance actions for ERC refunds received
• Apply current IRS guidance to properly report ERC refunds received in prior tax years
• Determine when amended tax returns are required due to ERC refunds or denied claims
• Analyze the IRS’s current status of ERC claim processing and enforcement activity
• Assess ERC eligibility risk using updated IRS and OBBBA guidance
• Identify appropriate actions for withdrawing ERC claims or repaying refunded amounts

Level
Overview

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None