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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

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Top accounting issues in 2023

ThomsonReuters

Payroll errors For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. There’s no doubt that without the right technologies in place, payroll errors can be a real concern. Payroll is complex and one of the most regulated functions in an organization.

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