The Employee Retention Credit (ERC) was a crucial financial lifeline for businesses during the COVID-19 pandemic. However, ...
The taketh part of the bill is the proposed early cut-off of filing for the Employee Retention Credit (ERC ... or the ERC Voluntary Disclosure Program (ERC-VDP) if you have already received ...
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 ...
But the arrest highlights a growing concern at the IRS over the Employee Retention Credit and related ERC scams that exploit the program for personal gain. What is the employee retention credit (ERC)?
“It’s past time we end this program — the conditions that ... More information on the Employee Retention Tax Credit Repeal ...
With the nomination of Billy Long as the IRS commissioner the new administration made a strong statement about their support for small business and a stronger statement of ...
In the midst of economic recovery from the covid-19 pandemic, many businesses that relied on the Employee Retention Credit (ERC) to stay afloat are now facing a new challenge: ERC recapture ...
For 2021 this credit can equal up to $14,000 for each eligible employee. CLA also provides a service on handling all of the paperwork involved in dealing with the ERC. If this is something you may ...
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 ...