ERC | Legislative Updates to Processing and Examinations

Chris Wittich recently joined the AICPA’s Tax Odyssey podcast to discuss the latest updates to the Employee Retention Credit (ERC) under H.R. 1, P.L. 119-21, also known as the One Big Beautiful Bill Act (OBBBA).

In the episode, Chris breaks down how the new legislation affects ERC claims, particularly for businesses with pending filings. He also covers the extension of the statute of limitations for IRS examinations and highlights key reminders from the IRS FAQs regarding income tax returns and ERC claims.

Highlights from the episode include:

  • Changes to ERC claims processing under H.R. 1
  • Current status and updates on ERC claims
  • What the extended statute of limitations means for businesses
  • IRS guidance on income tax returns and ERC claims

For those navigating ERC-related issues, this episode offers timely insights and practical considerations. Listen to the AICPA podcast.

Meet the author

Chris Wittich

Chris Wittich started his career with Boyum Barenscheer in 2007 as an intern, became a partner in 2020, and is now a partner in our Business Advisory Services department.  He completed his MBT degree from the University of Minnesota and became a licensed CPA as he started his career.  He took a primary role in the firm’s response to the COVID legislation helping clients with PPP and ERC.  He works with primarily the salon industry helping empower business owners so they can understand their business and thrive on their own terms.

Read more by Chris

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