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 ...
The IRS is rejecting thousands of ERC applications and clawing back others, and it's now giving businesses that already received money an off ramp. Business owners that received a payout from the ...
Citing the Employee Retention Credit—or ERC—as a “major concern,” the IRS has announced a voluntary disclosure program for businesses who want to pay back the ...
The IRS on Friday issued five new warning signs that a business has filed an incorrect claim for the pandemic-era employee retention credit (ERC). The IRS plans to announce new steps soon to counter ...
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Businesses that want to repay money received from questionable employee retention credit (ERC) claims can do so through a new voluntary disclosure program announced Thursday by the IRS (Announcement ...
The legislation included provisions that formally brought the ERC program to a close and adjusted the rules governing claims that were still being processed.
BOCA RATON, Fla.--(BUSINESS WIRE)--Advantage Accounting & Tax, a leading accounting firm specializing in Employee Retention Credit (ERC) claims, commends the recent decision by the IRS to temporarily ...
Does the IRS deserve the heat it’s taking for its lead role in the disastrously expensive and fraud-ridden Employee Retention Credit (ERC) program? You bet it does. And now legislation passed by the ...