Tillis, Colleagues Introduce Bipartisan Legislation to Repeal COVID-Era Employee Retention Tax Credit
September 20, 2024
September 20, 2024
WASHINGTON, Sept. 20 -- Sen. Thom Tillis, R-North Carolina, issued the following news release:
Senator Thom Tillis, alongside Senators Mitt Romney (R-UT) and Joe Manchin (I-WV), recently introduced the Employee Retention Tax Credit Repeal Act, bipartisan legislation that would disallow the processing of Employee Retention Tax Credit (ERTC) claims filed after January 31, 2024, and increase penalties for fraud.
"Repealing the ERTC is a critical step towards addressin . . .
Senator Thom Tillis, alongside Senators Mitt Romney (R-UT) and Joe Manchin (I-WV), recently introduced the Employee Retention Tax Credit Repeal Act, bipartisan legislation that would disallow the processing of Employee Retention Tax Credit (ERTC) claims filed after January 31, 2024, and increase penalties for fraud.
"Repealing the ERTC is a critical step towards addressin . . .