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 ...
Take, for example, the employee retention tax credit (ERTC), a federal payroll tax break available to businesses economically hurt by the coronavirus crisis but continue to keep employees on the ...
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 ...
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 ...
We have discussed several times the opportunity for farmers to claim the Employee Retention Credit (ERC) for wages paid during the first three quarters of 2021. In brief, you will qualify for the ...
President-elect Donald Trump’s selection for the next leader of the Internal Revenue Service is a peddler of the popular employee retention tax credit, a pandemic-era program that quickly became ...