With concerns over numerous improper claims, the IRS is urging applicants for the Employee Retention Credit (ERC) to review ...
Congress created the Employee Retention Credit (ERC) to give tax credits to businesses that kept employees on payroll instead of laying them off during the COVID-19 pandemic. In reliance on those tax ...
When claimed properly, the ERC (or ERTC) is a complex refundable tax credit available to certain employers who paid employees during the COVID-19 pandemic. However, abusive tax promoters have ...
The IRS identified another wave of warning signs related to incorrect Employee Retention Tax Credit (ERC) claims. The latest handful of red flags come from common issues IRS compliance teams have ...
The IRS continues efforts to tackle erroneous Employee Retention Tax Credit (ERC) claims. The agency says it has protected over $1 billion in revenue by increasing enforcement surrounding ...
A Tennessee woman, Aylissa Glidewell, pleaded guilty to COVID-19 tax credit fraud, facing sentencing in July 2025 for a ...
We have discussed several times the opportunity for farmers to claim the Employee Retention Credit (ERC) for wages paid during the first three quarters of 2021. In brief, you will qualify for the ...
I have gotten several emails regarding the Employee Retention Credit (ERC) and thought I would go over some details in this post as follows: I am sure there are other questions that we did not ...
Omega Accounting Solutions’ core values. Through her role as director of fulfillment, she specifically focuses on employee ...
Nearly 300 small business owners across the state can expect a combined $20 million in Covid-era funds that will be paid out ...
Aylissa Glidewell, 35, of Kingsport, pleaded guilty to conspiring to commit wire and mail fraud for her role in making claims for refunds of false COVID-19 employment tax credits before the Honorable ...
With so much happening in Washington these days, taxpayers may be left wondering what — if anything — will affect their 2024 ...