ERC Voluntary Disclosure Program

Many organizations have filed for and received an Employee Retention Credit (ERC).  The IRS has determined that questionable ERC claims were filed by ineligible organizations and are offering a voluntary disclosure program through March 22, 2024.

Through the voluntary disclosure program, organizations that were not eligible to receive an ERC payment may repay 80% of their ERC claim without interest or penalties if they also provide the names, addresses, and phone numbers of any advisers or tax preparers who helped with the claim and details about the services provided.

If you have any question or concern regarding the validity of your ERC claim, regardless of who filed the claim on behalf of your organization, CB Tax Accounting Inc is available to help. My accounting firm can review your claim to ensure eligibility, and if necessary, help you file through the voluntary disclosure program.

To begin a conversation regarding your ERC claim, please contact Cecil Buxo, EA, USTCP, at 718-496-4337, or by email For more information on the ERC voluntary disclosure program please visit

The above article is intended only to provide tax information on the changes to tax affecting the specific tax year as provided by the Internal Revenue Service and not to provide any legal, tax, investment, or any other bisiness advice to the taxpayer. Before taking any action, seek the assistance of a professional who is familiar with your specific situation for advice on any tax, legal, investment, or any other professional issues that may affect you or your business.