expensing – which means businesses should be looking hard at the R&D tax credit. The taketh part of the bill is the proposed early cut-off of filing for the Employee Retention Credit (ERC).
In a May 2021 article in Think Outside The Tax Box, I referred to the Employee Retention Credit as the ugly stepchild of the 2020 CARES Act. The reason was that the Paycheck Protection Program was ...
The Employee Retention Tax Credit (ERC or ERTC) has been in the news. The IRS continues to warn taxpayers about ERC refund scams and ramped up enforcement to root out false claims for the pandemic ...
Due to an increase in ERC tax credit scams and fraud and to protect honest business owners, the IRS stopped processing new employee retention credit (ERC) claims for the foreseeable future.
18 introduced the Employee Retention Tax Credit Repeal Act, which would end the credit for any claims submitted after Jan. 31, 2024 — which, they say, would help save about $79 billion over 10 ...
The Employee Retention Credit was introduced as a relief measure ... to review the guideline checklist and consult a trusted tax professional to review eligibility requirements.
(The Center Square) – Arizona Congressional District One Congressman David Schweikert introduced the Employee Retention Tax ...
These rules are outlined on pages 25-31. It is likely that many of you may have already filed amended payroll tax returns for 2020 to claim the credit for these wages. If so, you will likely be ...
The Employee Retention Credit (ERC) is a refundable tax credit for certain eligible businesses and tax-exempt organizations that had employees and were impacted by the coronavirus pandemic ...
Thatch explains what an Individual Coverage Health Reimbursement Arrangement is and how it compares to other healthcare plans ...
In a report released today, Vincent Colicchio from Barrington maintained a Buy rating on Asure (ASUR – Research Report), with a price ...