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IRS issues renewed warning on Employee Retention Credit claims; false claims generate compliance risk for people and businesses claiming credit improperly
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.
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Kash Badami
Employee Retention Credit Scams: Don't Be a Victim
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.
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Kash Badami
You Know It's Too Good To Be True When...
You Know It's Too Good To Be True When...
ERC

You Know It's Too Good To Be True When...

Beware of "ERC Mills" scamming business owners.
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Kash Badami

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ERC 22
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ethics 1
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News 19
PandemicAssistance 20
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Recent Posts

IRS opens 2023 Dirty Dozen with warning about Employee Retention Credit claims; increased scrutiny follows aggressive promoters making offers too good to be true
Mar 20, 2023
Friends Don't Let Friends Take Bad Risks
Mar 14, 2023
Shady Contractual Language: A Cautionary Tale of Innovation Refunds and Bottom Line Concepts
Mar 10, 2023
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Tags

Cannabis 1
CovidRelief 21
ERC 22
ERC mills 1
ethics 1
Film Industry 2
IRS Guidance 2
Latest 1
Manufacturing 2
News 19
PandemicAssistance 20
Restaurants 5
scam 3
scammer 2
Warning 1

Recent Posts

IRS opens 2023 Dirty Dozen with warning about Employee Retention Credit claims; increased scrutiny follows aggressive promoters making offers too good to be true
Mar 20, 2023
Friends Don't Let Friends Take Bad Risks
Mar 14, 2023
Shady Contractual Language: A Cautionary Tale of Innovation Refunds and Bottom Line Concepts
Mar 10, 2023