The IRS has introduced a new withdrawal process for taxpayers looking to retract previously filed Employee Retention Tax Credit (ERC) claims. This move comes as part of the IRS's efforts...

Are you a taxpayer looking to claim a research and experimentation (R&E) credit? If so, you'll want to pay close attention to the recent developments from the IRS. On September 15, the IRS...

The COVID-19 pandemic has disrupted businesses worldwide, leading to economic challenges and uncertainty. To support employers, the government introduced the Employee Retention Credit (ERC)

As businesses navigate the complexities of the Employee Retention Credit (ERC), it's essential to have a clear understanding of the eligibility criteria, claiming process, and potential...

On December 2, 2022, the IRS issued NY-2022-08, which provides relief for victims of a severe winter storm that began on 11/18/2022. This relief provides an extension of time to file...

New York State COVID-19 Capital Costs Tax Credit Program Now Available Until Program Funds are Exhausted If you are an independently owned and operated business in New York State that...