Forbes11 个月
Employee Retention Credit - Taxpayers And The March 22nd Deadline
The taketh part of the bill is the proposed early cut-off of filing for the Employee Retention Credit (ERC). ERC claims must have been filed by January 31, 2024 (if the bill as currently drafted ...
Forbes1 年
Employee Retention Credit Schemes Are Symptoms Of A Dysfunctional Tax System
In a May 2021 article in Think Outside The Tax Box, I referred to the Employee Retention Credit as the ugly stepchild of the 2020 CARES Act. The reason was that the Paycheck Protection Program was ...
Kiplinger1 年
Problems With Claiming the Employee Retention Credit (ERC)
The Employee Retention Tax Credit (ERC or ERTC) has been in the news. The IRS continues to warn taxpayers about ERC refund scams and ramped up enforcement to root out false claims for the pandemic ...
来自MSN9 个月
The IRS Is Going After 12,000 Businesses Over Employee Retention Tax Credits
The Internal Revenue Service is making headway in shooting down $1 billion worth of Employee Retention Credits (ERCs) that were wrongfully claimed. The agency intends to recoup funds from more ...
Kiplinger1 年
IRS Won’t Process New Employee Retention Tax Credit (ERTC) Claims
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.