The Internal Revenue Service (IRS) recently sent out another alert warning employers and taxpayers of possible scams around misleading claims involving the employee retention credit.
In a news release, the agency said that it and independent tax professionals “continue to see a barrage of aggressive broadcast advertising, direct mail solicitations and online promotions involving the Employee Retention Credit,” adding that while the credit is real, “aggressive promoters are wildly misrepresenting and exaggerating who can qualify for the credits.”