The IRS' second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money ...
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.
The IRS has delayed processing of properly submitted ERTC claims, leaving small businesses in the dark and owed over $100 ...
Lawsuits are descending upon the IRS over tax refunds related to the Employee Retention Credit, and this could just be the beginning. For example, an industrial staffing company in Ohio ...
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 ...
The IRS said the new deadline to file under the consolidated employee retention credit claims process is Dec. 31. The previous deadline was Friday.
The IRS is processing about 400,000 Employee Retention Credit claims worth about $10 billion — a sharp increase in volume after the agency began processing valid claims over the summer.
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced plans to deny tens of thousands of improper Employee Retention Credit (ERC) claims following an extensive review aimed at ...
Due to an increase in ERC tax credit scams and fraud and to protect honest business owners, the IRS stopped processing new employee retention credit (ERC) claims for the foreseeable future.
If so, you will likely be required to file an amended payroll tax return and repay that credit back to the IRS. For 2021, farmers likely will not claim the credit until you file your Form 943 in ...
Nursing home provider Carrolton of Dunn LLC sued the US and IRS Tuesday for a $1.1 million tax refund, claiming it’s entitled to refundable tax credits under the Coronavirus Aid, Relief, and Economic ...