ERC

Jan 20

Bipartisan Tax Deal Proposes Business Breaks

In a significant bipartisan move, U.S. lawmakers, spearheaded by Senator Ron Wyden (D., Ore.) and Representative Jason Smith (R., Mo.),...

Jan 5

IRS Launches ERC Rectification Program

The Internal Revenue Service (IRS) has initiated a voluntary disclosure program targeting businesses that erroneously claimed the...

Oct 31, 2023

IRS Counters ERC Scams with Withdrawal Process

The Internal Revenue Service (IRS) has introduced a solution for employers to retract inaccurate Employee Retention Credit (ERC) claims,...

Oct 13, 2023

Congress Questions IRS on ERC Backlog

Congress members are pressing the Internal Revenue Service (IRS) for explanations regarding the backlog of Employee Retention Credit...

Sep 22, 2023

IRS Halts New ERC Claims Amid Surge in Fraudulent Cases

On September 14th, the Internal Revenue Service (IRS) suspended the processing of new Employee Retention Credit (ERC) claims until the...

Aug 25, 2023

ERC for Startups and New Businesses: How to Optimize Your Benefits

Startups and new businesses face unique challenges during the COVID-19 pandemic, including financial instability, reduced funding, and...

Aug 5, 2023

Congressional Hearing Highlights ERTC Fraud Concerns

At a recent congressional hearing, tax professionals and other experts voiced their concerns over the Employee Retention Tax Credit...

Jul 19, 2023

Best Practices for Small Business Owners to Maximize ERC Benefits

The Employee Retention Credit (ERC) has been a critical relief measure for small businesses during the COVID-19 pandemic, providing...

Jul 12, 2023

Best Practices for Small Business Owners to Maximize ERC Benefits

The Employee Retention Credit (ERC) has been a critical relief measure for small businesses during the COVID-19 pandemic, providing...

Jul 5, 2023

How to Prepare for an Employee Retention Credit Audit

The Employee Retention Credit (ERC) has been a valuable relief measure for small businesses struggling to maintain their workforce during...

Jun 28, 2023

How to Claim the Employee Retention Credit

The Employee Retention Credit (ERC) is a valuable relief measure that incentivizes businesses to maintain their workforce during the...

Jun 21, 2023

How the Employee Retention Credit Impacts Your Business Taxes

The Employee Retention Credit (ERC) is a valuable financial relief measure designed to help businesses keep employees on their payroll...

Jun 14, 2023

How Businesses Have Leveraged ERC to Overcome Pandemic Challenges

The COVID-19 pandemic has had a profound impact on businesses worldwide, leading to unprecedented challenges in maintaining workforce...

Jun 7, 2023

The IRS’s Struggle in Combatting Fraud with ERC

The Employee Retention Credit (ERC) was created to support businesses and their employees during the COVID-19 pandemic, offering tax...

May 31, 2023

8 Reasons Why You Should Partner with an Experienced CPA for ERC

Partnering with an experienced and qualified Certified Public Accountant (CPA) for Employee Retention Credit (ERC) offers several...

May 17, 2023

Understanding Eligibility, Application, and Benefits for the Employee Retention Credit

The COVID-19 pandemic had a significant impact on businesses across the globe. In response to these unprecedented challenges, the U.S....

May 10, 2023

ERC Scams Make IRS' Dirty Dozen List

The Employee Retention Credit (ERC) has been a vital relief measure for businesses during the COVID-19 pandemic. Unfortunately, scammers...