expensing – which means businesses should be looking hard at the R&D tax credit. The taketh part of the bill is the proposed early cut-off of filing for 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 ...
The IRS stopped processing new employee retention tax credit claims as of Sept ... fraudulent activity and promoters who disregard the rules. According to the IRS, its own Criminal Investigation ...
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 ...
Congress created the employee retention tax credit to support businesses ... writing that Lifetime’s expansive interpretation of the credit’s rules “borders on absurdity.” ...
The Employee Retention Credit, or ERC, was designed to help businesses retain employees during pandemic-era shutdowns, but it quickly became a magnet for fraud. Its complex eligibility rules ...
An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act but still faces delays processing claims from a coronavirus pandemic-era tax ...