Nothing Lasts Forever: IRS Employee Retention Credit Voluntary Disclosure Program Ends Soon
The IRS' second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money ...
IRS Denied Your Employee Retention Credit (ERC) Claim — Now What?
IRS is sending out thousands of denial letters on Employee Retention Credit (ERC) claims. What steps can you take and should you take in response to a denial letter.
IRS Issues Urgent Warning Over Incorrect Claims
November 22, 2024, is the deadline for the Internal Revenue Service's second Employee Retention Credit Voluntary Disclosure ...
Government Executive8d
Agencies credit telework with recruiting, retention gains, GAO finds
A watchdog report examining telework use at four agencies found best practices still need implementation, but the presence, ...
The IRS refuses COVID claims, leaving small businesses in limbo
The IRS has delayed processing of properly submitted ERTC claims, leaving small businesses in the dark and owed over $100 ...
Seattle Times14h
Tax Preparers Charged in Scheme to Defraud COVID Relief of $65 Million
Advertising The Employee Retention Credit program offered companies thousands of dollars ... and family leave if they needed to take time off because of the pandemic. The IRS processed the fraudulent ...
The Hill10d
The IRS refuses COVID claims, leaving small businesses in limbo
During COVID, Congress passed the Employee Retention Tax Credit (ERTC) which provided a ... Why have the Biden administration and the IRS only targeted the ERTC program, when they exhibit no ...
JournalofAccountancy8d
ERC claims withdrawal process extended for third-party payers
The IRS said the new deadline to file under the consolidated employee retention credit claims process is Dec. 31. The previous deadline was Friday.