The IRS is offering a second chance for employers to give back funds received from improper Employee Retention Credit (“ERC”) claims. What’s more is that the IRS is offering a 15% discount on the ...
The IRS recently released new FAQ guidance providing a simplified procedure for addressing income tax amendments and refund claims related to Employee Retention Credit (ERC) determinations. See IRS ...
In summary, the Employee Retention Credit offers a valuable tool for streamlining your company’s finances. It not only provides direct financial benefits in the form of tax credits but also ...
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 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 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 county-run senior care facility in Michigan is suing the Internal Revenue Service to collect nearly $5 million it says the federal government owes it in employee retention credits earned during the ...