On the ERC specialists portal, they can pull up a business owner application status and present it to them quickly. ERC specialists do a very good job at claiming the ERC tax credit and they have been ...
The IRS is rejecting thousands of ERC applications and clawing back others, and it's now giving businesses that already received money an off ramp. Business owners that received a payout from the ...
Over the past week, the IRS has announced two significant developments in its administration and enforcement of the Employee Retention Credit (ERC). Last week, the IRS' three-part announcement ...
The Internal Revenue Service (“IRS”) announced in IR News Release 2023-247 (December 21, 2023) its new Voluntary Disclosure Program (“ERC VDP”) that allows employers who may have received questionable ...
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Employers, many of them small businesses, that were duped into applying for pandemic tax credits they didn't deserve now have the chance to pay back the money without facing penalties — but the ...
Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. The IRS today announced a withdrawal process for business owners/tax-exempt ...