Did your small business keep employees on your payroll through the pandemic? Congratulations! You may be eligible for a tax credit from the Internal Revenue Service. The Employee Retention Tax Credit, ...
The Internal Revenue Service is taking the unusual step of immediately stopping the processing of new claims for the employee retention credit, a complex pandemic-era credit, to address overly ...
The agency has announced it is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims related to the Employee Retention Credit. Third-party payers, ...
Congress took aim at the Employee Retention Credit as part of its sweeping overhaul of the nation's tax landscape — and the legislation officially shuts out businesses that have already filed refund ...
The lawsuit is one of several filed in recent years to allege delayed Employee Retention Credits for employers that dealt with business disruptions during the pandemic’s earliest phases. Congress ...
A promise made is a promise kept; unless it’s the Employee Retention Tax Credit. The federal government made a promise to small businesses four years ago: Keep your employees on payroll during a ...
The Internal Revenue Service (IRS) initiated a crackdown on dubious Employee Retention Credit (ERC) claims, mailing over 20,000 disallowance letters to taxpayers and entities that did not exist or had ...