The Internal Revenue Service issued a fact sheet answering questions about the impact of the recent One Big Beautiful Bill Act on the processing of Employee Retention Credits. Processing Content The ...
The Employee Retention Credit (ERC) was introduced as part of the March 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act to encourage businesses to maintain their workforce during the ...
Some businesses can now request more time to pursue appeals before heading to court over denial of their ERC claims. But ...
Taxpayers who receive an ERC after (or near) the expiration of the statute of limitations for the year to which the ERC relates should consult with their tax professional about whether to include the ...
If your claim for the Employee Retention Tax Credit (ERTC) is still pending, the Trump administration’s newly enacted tax cuts and spending legislation contains some provisions that may impact you.
A recent court decision in Utah suggests that businesses are willing to file lawsuits against ERC advisors, but the result also illustrates that a win isn’t guaranteed. At the peak of the pandemic, ...