Congress acted swiftly during COVID-19 in enacting legislation aimed at incentivizing employers to retain their workforce during the pandemic. Under the Coronavirus Aid, Relief, and Economic Security ...
A federal judge ruled that First Source, an Ohio-based taxpayer, can continue efforts to collect a 2021 Employee Retention Credit claim, but as a refund suit, not a separate challenge to IRS guidance.
If your claim for the Employee Retention Tax Credit (ERTC) is still pending, the Trump administration’s newly enacted tax cuts and spending legislation contains some provisions that may impact you.
In the years since COVID-19 shut down the country, many businesses applied for the Congressionally-authorized Employee Retention Credit (ERC), a valuable relief program created during the pandemic to ...
As July 4, 2025, the IRS is prohibited from allowing or issuing refunds related to ERC claims filed after January 31, 2024 that are related to the third and fourth quarters of 2021. The FAQ confirms ...
A county-run senior care facility in Michigan is suing the Internal Revenue Service to collect nearly $5 million it says the federal government owes it in employee retention credits earned during the ...
The IRS is offering a second chance for employers to give back funds received from improper Employee Retention Credit (“ERC”) claims. What’s more is that the IRS is offering a 15% discount on the ...