A promise made is a promise kept; unless it’s the Employee Retention Tax Credit. The federal government made a promise to small businesses four years ago: Keep your employees on payroll during a ...
The IRS said Thursday that it will begin processing a backlog of claims for the Employee Retention Credit, a step forward for a program that was supposed to help businesses survive the coronavirus ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Thousands of small businesses ...
After a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk Employee Retention Credit (ERC) claims. IRS Commissioner Danny Werfel said the extra looks “confirmed ...
Congress took aim at the Employee Retention Credit as part of its sweeping overhaul of the nation's tax landscape — and the legislation officially shuts out businesses that have already filed refund ...
A recent court decision in Utah suggests that businesses are willing to file lawsuits against ERC advisors, but the result also illustrates that a win isn’t guaranteed. At the peak of the pandemic, ...
A business tax credit worth thousands of dollars per employee is set to expire at the end of the year, potentially impacting ...