Employee Retention Credit

The IRS has warned of a fast-approaching deadline to apply for a disclosure program for wrongly claimed tax credits to avoid penalties and interest.

The IRS has issued an alert to taxpayers who erroneously claimed a pandemic-era tax credit and face a fast-approaching deadline to take steps to avoid penalties

The IRS has launched a new program that lets taxpayers pay back only 80 percent of wrongly claimed pandemic-era ERC tax credits.

The IRS sent over 20,000 letters telling taxpayers their claims for a pandemic-era tax break were disallowed—and that the agency will be demanding repayment.

The IRS warns taxpayers they may have been duped into filing improper pandemic-era tax credits and may face punishment, but a new tool can help avoid penalties.

The agency believes over $2.8 billion in claims under investigation could potentially be fraudulent and advises businesses to pause filing.

The IRS has warned of a fast-approaching deadline to apply for a disclosure program for wrongly claimed tax credits to avoid penalties and interest.

The IRS has issued an alert to taxpayers who erroneously claimed a pandemic-era tax credit and face a fast-approaching deadline to take steps to avoid penalties

The IRS has launched a new program that lets taxpayers pay back only 80 percent of wrongly claimed pandemic-era ERC tax credits.

The IRS sent over 20,000 letters telling taxpayers their claims for a pandemic-era tax break were disallowed—and that the agency will be demanding repayment.

The IRS warns taxpayers they may have been duped into filing improper pandemic-era tax credits and may face punishment, but a new tool can help avoid penalties.

The agency believes over $2.8 billion in claims under investigation could potentially be fraudulent and advises businesses to pause filing.