Tax
The IRS has increasingly labeled some ERC claims as fraud. It's important to recognize the signs of fraud to ensure your claim meets the right standards.
Law firms may have faced unique challenges during the pandemic making it difficult to determine their qualifications for the ERC. This blog explores misconceptions and eligibility.
Here’s our update on 2023 compliance trends that will help employers manage changes for their organizations and prepare for new legislation.
Max Shenker provides another update on the backlog of unprocessed ERC claims at the IRS, which has more than doubled since the beginning of 2023.
The IRS has reiterated warnings against improperly claiming the ERC, while the bureau also investigates fraud schemes including stolen ERC checks.
New information on the IRS ERC backlog of unprocessed claims is important for employers to be aware of if they have already or plan to file for the ERC.
First on the IRS's "Dirty Dozen" list are aggressive ERC providers making offers too good to be true. Here are four questions to vet your ERC partner.
Find out how to use IRS Form 941-X to maintain compliance with Form 941 or correctly file for certain tax credits.
Learn which employees are eligible for ERC and how large healthcare employers can claim it. Don't miss out because you believe you're too big or profitable.
President Biden's 2024 budget proposing giving the IRS more time to audit ERC claims, possibly reducing ERC payments by $2 million in fiscal year 2024.
President Biden and the IRS are targeting COVID-relief and ERC fraud. A new IRS warning specifically calls out bad actors pushing ineligible people to file.
Daniel Werfel, nominated to be the new IRS Commissioner, responded to these questions from Senators regarding delays to ERC refunds.
The IRS has increased estimates for new Forms 941-X, but even this might be outstripped by the actual number of new ERC claims they are receiving.
California Governor Gavin Newsom included modifications to the New Employment Credit (NEC) in his latest budget. Learn what these changes are.
Understanding the differences between employer tax withholding and tax filing is key to compliance and delivering a high quality employee experience.
An Inflation Reduction Act tax credit transfer or direct pay election may be the solution for taxpayers looking to claim new clean energy credits.
The IRS is warning employers against ERC fraud. The following examples of fraudulent practices have resulted in fines and/or convictions.
When committing to a hybrid workforce with remote workers, employers should consider the local tax incentives they may forfeit, and new ones to claim.