During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied ...
The government alleges that the defendants attempted to collect more than $600 million from the scheme—the IRS paid approximately $45 million to the defendants and ...
Due to an increase in ERC tax credit scams and fraud and to protect honest business owners, the IRS stopped processing new employee retention credit (ERC) claims for the foreseeable future.
Still looking for your IRS Employee Retention Tax Credit (ERC) check? You’re not alone. Over 1.4 million people may be waiting for their ERC claims to be processed. But there is some good news ...
The ERC Voluntary Disclosure Program allowed eligible businesses to repay incorrect ERC claims at a discounted rate of 80%. The IRS suspended the program on March 22, 2024. However, the agency has ...
The IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention Credit program, which was ...
We have discussed several times the opportunity for farmers to claim the Employee Retention Credit (ERC) for wages paid during the first three quarters of 2021. In brief, you will qualify for the ...
In her annual report to Congress for 2024, National Taxpayer Advocate (“NTA”) Erin M. Collins identified the processing of ...
THE Energy Regulatory Commission (ERC) said it is proposing to make the installation of renewable energy certificate (REC) meters voluntary. This was among the amendments the ERC is proposing to ...