Did your small business keep employees on your payroll through the pandemic? Congratulations! You may be eligible for a tax credit from the Internal Revenue Service. The Employee Retention Tax Credit, ...
The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in ...
If your claim for the Employee Retention Tax Credit (ERTC) is still pending, the Trump administration’s newly enacted tax cuts and spending legislation contains some provisions that may impact you.
The agency has announced it is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims related to the Employee Retention Credit. Third-party payers, ...
When IRS Commissioner Danny Werfel met privately with senators recently, the chairman of the Senate Finance Committee asked for his assessment of a startling report: A whistleblower estimated that 95 ...
In its attempt to speed processing of employee retention credit (ERC) claims, the IRS changed its policy for pre-refund examinations and should consider reviewing nearly 185,000 claims totaling almost ...
The nation is 10 months into the moratorium on Employee Retention Credit claims, and with the IRS’s recent announcement that it would deny thousands of improper claims, there are no signs of it ending ...
The lawsuit is one of several filed in recent years to allege delayed Employee Retention Credits for employers that dealt with business disruptions during the pandemic’s earliest phases. Congress ...
The Internal Revenue Service has announced that, following the moratorium on processing Employee Retention Credit claims after Sept. 14, 2023, it is starting to process claims received prior to that ...
The lucrative Employee Retention Credit — a Covid-19 relief measure that has drawn considerably scrutiny — appears likely to be on its last legs. Congress took aim at the Employee Retention Credit as ...