Correcting Erroneous ERC Claims

In this video, Chris Wittich discusses the process of correcting erroneous claims in the ERC (Employee Retention Credit) program. He explains the voluntary disclosure program, which allows borrowers to amend and fix an ERC claim if a mistake was made. Chris also highlights the benefits of the program, such as repaying only 80% of the ERC received and avoiding penalties and interest. Additionally, he provides important information about the eligibility criteria and the limited time frame for submitting a claim.