New Update: Understanding Your Letter 6612. The IRS escalated its verification efforts for Employee Retention Credit (ERC) claims. Businesses that submitted ERC claims are now under even...
Continue ReadingNew Update: Understanding Your Letter 6612. The IRS escalated its verification efforts for Employee Retention Credit (ERC) claims. Businesses that submitted ERC claims are now under even...
Continue ReadingNewly proposed federal legislation will require ERC Promoters to disclose their clients to the IRS. This move increases audit scrutiny for all businesses, particularly those who sought...
Continue ReadingThe 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...
Continue ReadingThe COVID-19 pandemic has disrupted businesses worldwide, leading to economic challenges and uncertainty. To support employers, the government introduced the Employee Retention Credit (ERC)
Continue ReadingAs 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...
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