The latest Employee Retention Credit guidance for business owners

IRS Commissioner signals new phase of Employee Retention Credit work; with backlog eliminated, additional procedures will be put in place to deal with growing fraud risk

IRS Guidance

IRS Commissioner signals new phase of Employee Retention Credit work; with backlog eliminated, additional procedures will be put in place to deal with growing fraud risk

The Employee Retention Credit Has Become a Magnet for Fraud

This article presents a summary and analysis of a report originally published

Beware of Unscrupulous Tax Preparers: How to Protect Yourself and Your Money

Introduction Tax season is a time when taxpayers often look for professional

IRS opens 2023 Dirty Dozen with warning about Employee Retention Credit claims; increased scrutiny follows aggressive promoters making offers too good to be true

Well this was inevitable... The Internal Revenue Service (IRS) has issued a

ERC

Friends Don't Let Friends Take Bad Risks

Choosing the right ERC provider does not have to be hard. Here are some of the basic prinicipals that can help you find the right ERC provider.

ERC

Shady Contractual Language: A Cautionary Tale of ERC Preparer Contracts

🛑This article has been modified to remove the names of ERC companies

Professional Responsibility and the Employee Retention Credit

The IRS has issued warnings to employers about improper Employee Retention Credit

IRS Guidance

IRS issues renewed warning on Employee Retention Credit claims; false claims generate compliance risk for people and businesses claiming credit improperly

The IRS has issued a renewed warning about fraudulent schemes related to the Employee Retention Credit (ERC). The agency and tax professionals continue to see third-party promoters aggressively promoting these ERC schemes on radio and online.

Employee Retention Credit Scams: Don't Be a Victim

ERC

Employee Retention Credit Scams: Don't Be a Victim

One of the biggest problems with ERC scams is the way they are advertised. Scammers often claim that businesses can receive up to $26,000 in tax credits, without providing any context or information about the program.