Jan 20Bipartisan Tax Deal Proposes Business BreaksIn a significant bipartisan move, U.S. lawmakers, spearheaded by Senator Ron Wyden (D., Ore.) and Representative Jason Smith (R., Mo.),...
Jan 5IRS Launches ERC Rectification ProgramThe Internal Revenue Service (IRS) has initiated a voluntary disclosure program targeting businesses that erroneously claimed the...
Oct 31, 2023IRS Counters ERC Scams with Withdrawal ProcessThe Internal Revenue Service (IRS) has introduced a solution for employers to retract inaccurate Employee Retention Credit (ERC) claims,...
Oct 13, 2023Congress Questions IRS on ERC BacklogCongress members are pressing the Internal Revenue Service (IRS) for explanations regarding the backlog of Employee Retention Credit...