LOS ANGELES, CA / ACCESSWIRE / July 11, 2023 / The employee retention credit was designed to put business tax refunds in the hands of companies that legitimately qualify for the tax credit.

I have written recently that taxpayers need to beware of “too-good-to-be-true” pitches for the Employee Retention Credit (ERC) and that business owners need to be "eyes open" about whether they ...

With taxes due in just three weeks, small businesses already have a lot on their plate. But employers shouldn't overlook a new opportunity to put money back in their pockets. Businesses that had five ...

Based on our understanding, the IRS uses several methods to select Employee Retention Credit (ERC) applications for audit, and in some cases, random selection. Suspicious conditions can also cause an ...

When it comes to managing your company’s finances, it’s crucial to be proactive, efficient, and strategic. Every possible avenue for savings should be explored, and that includes leveraging credits ...

Make no mistake, the benefits are real for those businesses that actually qualify. The problem is that many of these companies that are promoting benefits may be taking positions that are frivolous.

The IRS has announced that it is sending more than 20,000 letters to taxpayers notifying them that their Employee Retention Credit, or ERC, claims have been disallowed. These letters are targeted to ...

When IRS Commissioner Danny Werfel met privately with senators recently, the chairman of the Senate Finance Committee asked for his assessment of a startling report: A whistleblower estimated that 95 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Thousands of small businesses ...