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.
and here is one of those samples… Beware of your business taking false employee retention tax credits (ERTC). Congress enacted this COVID-19-related payroll tax credit for eligible businesses ...
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 ...
If you want to make sure your church, private school or nonprofit has not overlooked part or all of the ERC opportunity, this ...
Seven New Yorkers have been charged in a sweeping tax fraud scheme, accused of exploiting pandemic relief programs to steal over $44 million, federal prosecutors announced. The indictment by the US ...
The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over ...
The IRS’s use of automated filters to process requests for tax credits is a practical necessity given a “deluge” that ...
(The Center Square) – Arizona Congressional District One Congressman David Schweikert introduced the Employee Retention Tax ...
These rules are outlined on pages 25-31. It is likely that many of you may have already filed amended payroll tax returns for 2020 to claim the credit for these wages. If so, you will likely be ...
On January 22, 2025, the US Department of Justice (DOJ) announced the indictment of seven individuals in the largest Employee Retention Credit ...