Editor’s Note: In September 2023, the IRS stopped processing new ERC claims. The IRS began processing ERC claims again on August 8, 2024. The IRS also announced a voluntary disclosure and repayment ...
Congress acted swiftly during COVID-19 in enacting legislation aimed at incentivizing employers to retain their workforce during the pandemic. Under the Coronavirus Aid, Relief, and Economic Security ...
The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in ...
If your claim for the Employee Retention Tax Credit (ERTC) is still pending, the Trump administration’s newly enacted tax cuts and spending legislation contains some provisions that may impact you.
A county-run senior care facility in Michigan is suing the Internal Revenue Service to collect nearly $5 million it says the federal government owes it in employee retention credits earned during the ...
In its attempt to speed processing of employee retention credit (ERC) claims, the IRS changed its policy for pre-refund examinations and should consider reviewing nearly 185,000 claims totaling almost ...