SAN FRANCISCO, CA / ACCESSWIRE / July 13, 2023 / Understanding the Employee Retention Credit (ERC) tax guidelines can be complex. One big question that's causing major confusion among many business ...
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 ...
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 ...
Small businesses still vying for pandemic-era employee retention credits they haven’t received could have another course of action to nab their money sooner. A provision in the tax code allows ...
MADISON, Wis. -- The Internal Revenue Service shared Friday five new warning signs being seen on incorrect claims by businesses for employee retention credit. The IRS said it issued the warning signs ...
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, ...
A significant amount of small-business owners will get their promised refunds. The IRS is processing about 400,000 Employee Retention Credit claims worth about $10 billion — a sharp increase in volume ...
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 ...
After freezing payouts in September to root out a rash of fraudulent applications, the IRS is now pushing ERC claims through, but rejecting a lot of them. The ERC was created in March 2020 as part of ...