The IRS is rejecting more than 20,000 Employee Retention Credit applications as part of an overhaul on how it oversees the Covid-19-era small-business tax credit.

Businesses claiming the credit could receive up to $26,000 per employee, highlighting the high stakes at play — especially for businesses hoping to lean on the ERC during the ongoing credit ...

The ERC was created as part of the CARES Act to provide companies with a refundable tax credit to incentivize employers to continue to pay workers while their businesses are affected by COVID-19 ...

Under ERC, a "qualified employer" can receive a refundable tax credit up to $26,000 for each "eligible employee," i.e., $5,000 per year for 2020 and $7,000 per quarter for the first three quarters ...

The IRS may bring criminal charges against ERC companies that allegedly were persuading small business owners to fraudulently claim the credit.

Current Version Benefits The second round of the program only applies to tax periods in 2021—you can't use this version of the voluntary disclosure program to repay ERC money from 2020 ...

The IRS has put a freeze on ERC refunds but that hasn’t stopped financing firms looking to capitalize on the popular pandemic-era tax break. Credit funds, small business lenders and ERC ...

ERC specialists do a very good job at claiming the ERC tax credit and they have been able to prove it having worked with over 50,000 businesses and still counting.

Find the best ERC companies and agencies to help you maximize your credit from working on COVID-19 pandemic and get the most out of this valuable program.

Lots of businesses have claimed the Employee Retention Credit who don't actually qualify for it — and in many cases it's going to be up to their accountants to set them right. Randy Crabtree of ...