Manchin, Romney, Tillis, Introduce Bipartisan Legislation To Repeal Covid-Era Tax Credits
September 18, 2024
September 18, 2024
WASHINGTON, Sept. 18 -- Sen. Joe Manchin, D-West Virginia, issued the following news release:
Today, U.S. Senators Joe Manchin (I-WV), Mitt Romney (R-UT), and Thom Tills (R-NC) introduced the Employee Retention Tax Credit (ERTC) Repeal Act. This bipartisan legislation would halt the processing of ERTC claims filed after January 31, 2024, and increase penalties on fraud. The ERTC has been highly susceptible to fraudulent schemes--costing taxpayers nearly 200% more than anticipated an . . .
Today, U.S. Senators Joe Manchin (I-WV), Mitt Romney (R-UT), and Thom Tills (R-NC) introduced the Employee Retention Tax Credit (ERTC) Repeal Act. This bipartisan legislation would halt the processing of ERTC claims filed after January 31, 2024, and increase penalties on fraud. The ERTC has been highly susceptible to fraudulent schemes--costing taxpayers nearly 200% more than anticipated an . . .