Asure Software supports IRS crackdown on fraudulent ERC claims; reaffirms 2023 guidance

ASURE SOFTWARE INC

Company voices support for IRS intensified measures against fraudulent Employee Retention Credit (ERC) claims.
Guidance for Q3 2023 and full year 2023 reaffirmed; no changes anticipated.
Asure emphasizes core business is recurring revenue from payroll, HR services, and interest income; ERC is one-time opportunity.
Chairman and CEO Pat Goepel states mission to help small businesses access lawful tax credits.
Asure continues to monitor IRS rules and program updates.

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