Episode 60

Enforcement Priorities of the Second Trump Administration: Employee Retention Tax Credit

Five years and two presidential administrations later, tensions remain — with the IRS and tax credit applicants — over the pandemic-era Employee Retention Tax Credit (ERC).

While the IRS has been continuing a Biden-era restrictive policy, a new mandate may be coming when a new IRS Commissioner is confirmed.

Fox attorneys Brian Bernhardt and Jonathan Wasser join host Matt Adams for a comprehensive look at the current state of the ERC. They also discuss Billy Long — the current IRS commissioner nominee — and how his background may shape his plans for the agency’s approach to the ERC.

Brian and Jonathan also forecast what’s likely to come for the IRS and the ERC in light of staffing reductions.