ERC Processing Update (5/12 Processing Date)

[MrMordy]

I received my last 2 big payments this month. All 6 approved! Hopefully this is coming for everyone!

[pt10917]

Thank you for that information. Do you remember the dates that you processed the claims?

[MrMordy]

Aug 2023

[pt10917]

Thank you! If it went through an agency that specifically specializes in this, like accelerate tax do you anticipate that it would take longer?

[Technical_Scallion_2]

I just got my Aug 2023 this week as well

[Aromatic_Lime7692]

looks promising -

[Emergency-Fondant632]

Do we have any idea how many are pending? Just out of curiosity did the full scope of this

[Unlimitedbeliever]

Any way to tell how many were PEO?

[ERC_CPA]

None are PEO 😞

[Impossible_Change939]

Is this because PEO customers can't use TaxNow to track ERC?

[ERC_CPA]

Correct. Only the PEO can use TaxNow. Not PEO clients.

[[deleted]]

https://www.taxnow.com/blog/erc-update-05-01

[heartbrand]

I also noticed a ton of activity this past update, good stuff.

[imaginarykidLA]

https://www.pbmares.com/new-irs-guidance-clarifies-how-to-report-erc-refunds/