Employee Retention Credit
IRS Says ‘Vast Majority’ of 1 Million Pandemic-Era Credit Claims Show a Risk of Being Improper
The IRS stopped processing new claims in September and said that the moratorium will continue. read more >
by Associated Press -
IRS Claws Back Money Given to Businesses Under Fraud-Ridden Tax Credit Program
“We remain deeply concerned about widespread abuse involving these claims that have harmed small businesses,” said IRS Commissioner Danny Werfel. read more >
by Associated Press -
IRS Freezes Pandemic-Era Tax Credit Due to Influx of Fraudulent Claims
The Employee Retention Credit was designed help small businesses keep paying their employees during the height of the pandemic if they were fully or partly suspended from operating. read more >
by Associated Press -
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