If you are one of the millions of employers who received an ERTC—Employment Retention Tax Credit—refund from the IRS, it is important that you understand the tax consequences. If you haven’t filed for ...
Many employers who filed employee retention tax credit (ERTC) refund claims have been waiting months or even years to receive refund checks. The IRS stopped processing refund claims in mid‑July of ...
Lawmakers are asking the Internal Revenue Service to expedite the processing of Employee Retention Tax Credits and not to penalize small businesses for incorrectly paying their estimated quarterly ...
Tax professionals and other experts testified during a congressional hearing about the Employee Retention Tax Credit and the issues they and their clients are facing amid constant sales pitches ...
One of the biggest issues being discussed by the IRS, Congress and the AICPA is the millions of businesses that are being targeted by tax credit companies looking to help them claim the employee ...
Promoters and tax advisors have extensively marketed the Employee Retention Tax Credit (ERTC) as a way for employers to reclaim Federal Insurance Contributions Act (FICA) payroll taxes paid during the ...
ERTC Gov, one of the nation's foremost ERTC firms, is urging small business owners to claim their tax credits as the IRS is still accepting filings in 2023. The ERTC (Employee Retention Tax Credit) ...
President Biden signed the $1.2 trillion infrastructure bill on Monday, which will invest $550 billion in transportation, broadband internet, and utilities, essentially overhauling and modernizing ...
Early on in the pandemic, restaurants struggling in the wake of government shut-downs and social distancing orders eagerly took advantage of the Payment Protection Program (PPP) for much-needed cash ...