WASHINGTON — As part of a larger effort to protect small businesses and organizations from scams, the Internal Revenue Service announced the details of a special withdrawal process to help those who filed an Employee Retention Credit (ERC) claim and are concerned...
Employee Retention Credit
IRS orders immediate stop to new Employee Retention Credit processing
Amid rising concerns about a flood of improper Employee Retention Credit claims, the Internal Revenue Service announced an immediate moratorium through at least the end of the year on processing new claims for the pandemic-era relief program to protect honest small...
Warning signs for misleading Employee Retention scams
WASHINGTON — As aggressive marketing continues, the Internal Revenue Service renewed an alert for businesses to watch out for tell-tale signs of misleading claims involving the Employee Retention Credit. The IRS and tax professionals continue to see a barrage of...