The IRS is rejecting thousands of ERC applications and clawing back others, and it's now giving businesses that already received money an off ramp. Business owners that received a payout from the ...

The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in ...

The IRS will reopen its voluntary disclosure program (VDP), allowing businesses to correct questionable employee retention credit (ERC) claims at a discount (Announcement 2024-30). The revised VDP, ...

The news isn’t all bad for businesses with outstanding ERC claims. Despite criticisms that the process is taking too long, the IRS will continue to review Employee Retention Credit (ERC) claims ...

Does the IRS deserve the heat it’s taking for its lead role in the disastrously expensive and fraud-ridden Employee Retention Credit (ERC) program? You bet it does. And now legislation passed by the ...

The IRS will take several aggressive steps against fraudulent claims for the employee retention credit (ERC), including an immediate moratorium on the processing of new ERC claims; allowing taxpayers ...

I'm sure you've heard the radio ads telling business owners: "If you were impacted by COVID, you could be entitled to up to $26,000 per employee in refunds from the IRS. Call today! Don't delay!" The ...