The Taxpayer Advocate Service (TAS) recently labeled ERC delays the IRS’s most serious problem for taxpayers, with over 1.2 million claims still unprocessed.
So, if you’re waiting on your Employee Retention Credit (ERC) refund, you’re not alone. And you’re probably frustrated. For many business owners, this isn’t just a bureaucratic headache. It’s a financial lifeline stuck in limbo.
The IRS’s decision to halt processing new ERC claims in September 2023, paired with slow reviews and poor communication, has left businesses stranded. Many have no idea when or if their refunds will arrive. This uncertainty hits hard, causing financial strain, mounting stress, and endless questions without answers.
The situation is made worse by rushed denial decisions. Instead of thoroughly reviewing claims, the IRS has relied on automated risk-scoring algorithms, leading to widespread confusion and inaccurate denials.
The TAS even called out the now-infamous claim that 95% of ERC filings are fraudulent, revealing that over 85% of claims are legitimate.
Despite this, many business owners are forced to scramble for documentation and appeals after being denied without proper review.
This chaotic environment has left taxpayers feeling abandoned. Without access to clear claim status updates or guidance, businesses are flying blind. They’re left to guess what the IRS needs, often too late to fix mistakes or submit additional proof. The process, described by TAS as a “reverse audit,” unfairly shifts the burden onto taxpayers to prove their eligibility after the IRS has already decided against them.
So, what’s the solution? ERC Monitoring Services
ERC monitoring services offer a way to stay informed and in control. Instead of waiting in the dark, monitoring gives you real-time updates on where your claim stands. Whether it’s a status change, a payment timeline, or a potential issue, you’ll have the insights needed to act quickly and decisively.
But monitoring is about more than just tracking; it’s about protection. With expert support, you can ensure your claim is accurate, compliant, and ready to withstand scrutiny. If the IRS demands additional documentation or raises concerns, you’ll be prepared to respond without delay.
According to TAS, interest costs tied to ERC delays have already reached $6 billion.
The cost of inaction is steep. For businesses, the price of waiting isn’t just financial—it’s the stress of missed opportunities, the inability to plan, and the uncertainty of not knowing what’s next.
Take Back Control with Save My ERC
At Save My ERC, we specialize in turning uncertainty into confidence. Our ERC monitoring service keeps you informed with real-time claim tracking, proactive updates, and expert guidance every step of the way. Whether your claim is delayed, denied, or under audit, we’ll help you navigate the process and protect your business.
As TAS rightly said, “The time for action is now.”
Don’t let IRS delays hold your business back any longer. Schedule a consultation today and let us take the guesswork out of your ERC claim.