The employee retention credit (ERC), as authorized under pandemic-era legislation to assist businesses with the costs of retaining employees, has been claimed by many employers for applicable quarters ...

The IRS could have about 1 million employee retention credit (ERC) claims remaining to process by the end of the year, the national taxpayer advocate said Tuesday at the AICPA & CIMA National Tax ...

Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. The IRS today announced a withdrawal process for business owners/tax-exempt ...

The Internal Revenue Service (IRS) initiated a crackdown on dubious Employee Retention Credit (ERC) claims, mailing over 20,000 disallowance letters to taxpayers and entities that did not exist or had ...

Pop-up companies aggressively pushing a small business tax credit may soon be in hot water with the IRS. Last month, the agency stopped processing tax returns with the employee retention credit (ERC) ...

Do you know what grinds my gears? Taxes. All those forms, calculations, and rules—it’s enough to make your head spin! But one tax credit makes the headache worthwhile: the Employee Retention Credit ...