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Letter to Acting IRS Commissioner Regarding Clarification on OBBB Implementation and Tax Credit Liability
NAPEO President & CEO Casey Clark sent this letter to Treasury Secretary (and acting IRS commissioner) Scott Bessent to ask the IRS to rescind its position that CPEOs are solely liable and PEOs are jointly liable for ERTC credits taken on their amended tax returns. We believe this position is at odds with Congressional intent and statutory language in the CARES Act.