Legal Alert: House tax bill proposes major changes to the Employee Retention Tax Credit (ERTC)

On May 12, 2025, the Republicans on the House Committee on Ways and Means introduced a broad tax reform bill that includes sweeping changes to the Employee Retention Tax Credit (ERTC), also commonly known as the ERC. Chief among them are targeted enforcement actions against ERTC promoters as well as a proposal to retroactively disallow ERTC claims filed after January 31, 2024, a move that could affect hundreds of thousands of businesses.

Read the full legal alert here.

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