When claimed properly, the ERC (or ERTC) is a complex refundable tax credit available to certain employers who paid employees during the COVID-19 pandemic. However, abusive tax promoters have ...
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IRS Restarts Processing of Some ERC Refunds: What to KnowStill 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 ...
During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.
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Incorrect ERC? IRS Points to Five New Red FlagsThe IRS identified another wave of warning signs related to incorrect Employee Retention Tax Credit (ERC) claims. The latest handful of red flags come from common issues IRS compliance teams have ...
Opinions expressed by Forbes Contributors are their own. Robert W. Wood is a tax lawyer focusing on taxes and litigation. As part of continuing efforts to combat dubious Employee Retention Credit ...
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 ...
A Holly Springs woman was sentenced to fifty-two months in prison for mail fraud Thursday. 48-year-old Lakisha Pearson was ...
The IRS’s use of automated filters to process requests for tax credits is a practical necessity given a “deluge” that ...
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