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  2. ERC — Legislative updates to processing and examinations

ERC — Legislative updates to processing and examinations

Aug 08, 2025

On this episode, Chris Wittich, MBT, CPA, Partner — Boyum Barenscheer, joins again to discuss the latest updates on the employee retention credit (ERC) from H.R. 1, P.L. 119-21, the law known as the One Big Beautiful Bill Act (OBBBA). Chris discusses how the legislation affects ERC claims and the implications for businesses with pending claims. He also delves into the extension of the statute of limitations for examination.

What you’ll learn from this episode: 

  • What H.R. 1 changes about ERC claims processing
  •  An update on ERC claims processing
  • What the extension of the statute for examination from H.R. 1 means for ERC claims
  • Reminder about the IRS FAQs about income tax returns and ERC claims

AICPA resources

Employee retention credit guidance and resources — A library for comprehensive guidance, essential tools and the latest news on the ERC.

Planning after tax changes — The tax landscape has shifted. Now’s the time for CPAs to turn insights into action with proactive financial planning. Access FAQs, guides, summaries and learning solutions in one central hub.

IRS FAQs about the Employee Retention Credit — On March 20, the IRS provided updated FAQs on income tax and ERC.

 Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices.

This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you’re not already a member, consider joining this prestigious community of your tax peers. You’ll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.