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 ...
The news isn’t all bad for businesses with outstanding ERC claims. Despite criticisms that the process is taking too long, the IRS will continue to review Employee Retention Credit (ERC) claims ...
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 Internal Revenue Service has reopened the Employee Retention Credit (ERC) Voluntary Disclosure Program (VDP) through November 22, 2024, allowing businesses to correct improper ERC payments. The ...
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 ...
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 ...
It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en masse. After waiting a very long time (often years) with ...
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 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 ...