Forbes contributors publish independent expert analyses and insights. Guinevere Moore is a civil and criminal tax litigator. In July of 2023, the Department of Justice, Tax Division indicted one ...

The agency has announced it is opening a supplemental claim process to help third-party payers and their clients resolve incorrect claims related to the Employee Retention Credit. Third-party payers, ...

The Internal Revenue Service is paying out more claims for the Employee Retention Credit program, even as it gives the claims greater scrutiny, and is moving the moratorium on processing new claims ...

The agency estimates between 10% and 20% of the ERC claims it's processing will be eligible for the first payments. The Internal Revenue Service plans to deny tens of thousands of improper Employee ...

The IRS on Friday issued five new warning signs that a business has filed an incorrect claim for the pandemic-era employee retention credit (ERC). The IRS plans to announce new steps soon to counter ...

The IRS extended the deadline for third-party payers that filed employee retention credit (ERC) claims for clients to use the consolidated claim process to resolve incorrect claims (IR-2024-296). In ...

The agency has already paid out $240 billion in claims as it cracks down on fraud. The IRS’s backlog of Employee Retention Credit claims has soared to 1.4 million as it sifts through what it believes ...

The IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention Credit program, which was meant to help businesses get through the pandemic but has been dogged by ...

March 19, 2024 - Over the last few months, several important developments occurred which highlighted the Internal Revenue Service's prioritized goal of cracking down on improper Employee Retention ...

The Internal Revenue Service is opening a supplemental claim process to help third-party payers and their clients resolve incorrect Employee Retention Credit claims. Processing Content Third-party ...

LOS ANGELES, CA / ACCESSWIRE / March 31, 2023 / The Employee Retention Credit (ERC) tax refund program from the Internal Revenue Service (IRS) was designed for small to medium-sized business (SMB) ...