The taketh part of the bill is the proposed early cut-off of filing for the Employee Retention Credit (ERC). ERC claims must have been filed by January 31, 2024 (if the bill as currently drafted ...

The IRS' second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money ...

The Employee Retention Tax Credit (ERC or ERTC) has been in the news. The IRS continues to warn taxpayers about ERC refund scams and ramped up enforcement to root out false claims for the pandemic ...

The Employee Retention Credit was introduced as a relief measure to help businesses retain employees during the COVID-19 pandemic. However, the program faced numerous challenges, including a high ...

November 22, 2024, is the deadline for the Internal Revenue Service's second Employee Retention Credit Voluntary Disclosure ...

Take, for example, the employee retention tax credit (ERTC), a federal payroll tax break available to businesses economically hurt by the coronavirus crisis but continue to keep employees on the ...

The pair were indicted on more than 50 counts, including wire fraud, money laundering, preparing false tax returns and ...

This is good news. The mostly bad news is that owners of their corporations and their spouses will not qualify for the credit in almost all situations. The only situation where you would qualify ...

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 ...

Two tax preparers submitted $65 million in false claims for refunds under programs designed to help businesses during the COVID-19 pandemic, federal prosecutors in Tennessee said Wednesday. A federal ...