Nothing Lasts Forever: IRS Employee Retention Credit Voluntary Disclosure Program Ends Soon
The IRS' second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money ...
IRS Denied Your Employee Retention Credit (ERC) Claim — Now What?
IRS is sending out thousands of denial letters on Employee Retention Credit (ERC) claims. What steps can you take and should you take in response to a denial letter.
IRS Issues Urgent Warning Over Incorrect Claims
November 22, 2024, is the deadline for the Internal Revenue Service's second Employee Retention Credit Voluntary Disclosure ...
2 Tax Preparers Indicted for $65 Million COVID-Relief Scheme
The pair were indicted on more than 50 counts, including wire fraud, money laundering, preparing false tax returns and ...
The IRS refuses COVID claims, leaving small businesses in limbo
The IRS has delayed processing of properly submitted ERTC claims, leaving small businesses in the dark and owed over $100 ...
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ERC claims withdrawal process extended for third-party payers
The IRS said the new deadline to file under the consolidated employee retention credit claims process is Dec. 31. The previous deadline was Friday.
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‘$65 Million Scam!’ Tennessee Tax Preparers Accused of Shocking Pandemic Relief Fraud Scheme, Say Prosecutors!
Two Tennessee tax preparers face federal charges for allegedly orchestrating a massive $65 million fraud scheme exploiting ...
2 Tennessee tax preparers charged with filing $65 million in false claims under pandemic programs
Federal prosecutors in Tennessee say two tax preparers submitted $65 million in false claims for refunds under programs ...
Nursing Home Provider Sues IRS For $1.1 Million in ERC Claims
Nursing home provider Carrolton of Dunn LLC sued the US and IRS Tuesday for a $1.1 million tax refund, claiming it’s entitled to refundable tax credits under the Coronavirus Aid, Relief, and Economic ...
Accounting Today3d
IRS extends R&D tax credit transition period
The Internal Revenue Service is extending the transition period for revising claims for the research and development tax ...
IRS tax scams are on the rise; here’s how to report fraud
The Internal Revenue Service (IRS) recently reminded Americans to take caution against scammers, and shared information on ...
Government Executive6d
Agencies credit telework with recruiting, retention gains, GAO finds
A watchdog report examining telework use at four agencies found best practices still need implementation, but the presence, ...