As the IRS ramps up efforts to address ineligible claims for COVID-related payroll relief, many small and midsize businesses who applied for funds under erroneo...
IRS Orders an Immediate Stop to New Employee Retention Tax Credit Processing
Sep 20, 2023After receiving a deluge of improper Employee Retention Tax Credit (ERTC) claims, the IRS recently announced an immediate moratorium through at least December 3...
Is Your Business Eligible for ERC or Is It a Scam?
Aug 15, 2023“IRS cracks down on aggressive ERC marketing promoters and employers filing dubious claims” On July 26, 2023, the IRS Commissioner, Danny Werfel, announced ...
Employers: Beware of Improper Employee Retention Credit Claims
Oct 27, 2022The IRS is warning employers to beware of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. Some third...
Does Your Business Qualify for the Employee Retention Credit (ERC)?
Sep 28, 2022The Employee Retention Credit (“ERC”) was originally enacted as part of the first wave of pandemic relief in March of 2020. Since then, it has been modified...
3 Ways Small & Midsized Businesses Can Maximize Tax Benefits
Feb 15, 2022Are you maximizing your tax benefits? From employee retention credits to tax credits for innovation, there are many strategies for small and midsized businesses...
Coping With New Employee Retention Credit Rules
Jan 20, 2022Sometimes, Uncle Sam seems to give with one hand and take with the other. Take the employee retention credit (ERC), for example. Congress created this tax break...
Employee Retention Credit: Help for Nonprofits
Apr 01, 2021If your not-for-profit managed to keep staffers employed throughout the COVID-19 pandemic, there could be a tax reward. Under the Coronavirus Aid, Relief, and E...
The Evolution of the Employee Retention Credit
Mar 31, 2021The pandemic has adversely affected many sectors of the U.S. economy, causing widespread job losses. At the start of the national emergency, Congress created a ...
Is your business eligible for the Employee Retention Credit?
Jan 21, 2021What is the Employee Retention Credit? Under the Consolidated Appropriations Act, 2021, employers negatively impacted by the pandemic can offset the employer po...