Congress acted swiftly during COVID-19 in enacting legislation aimed at incentivizing employers to retain their workforce during the pandemic. Under the Coronavirus Aid, Relief, and Economic Security ...
The IRS will reopen its voluntary disclosure program (VDP), allowing businesses to correct questionable employee retention credit (ERC) claims at a discount (Announcement 2024-30). The revised VDP, ...
The IRS’ second employee retention credit (ERC) voluntary disclosure program for businesses who want to pay back the money they received after filing ERC claims in ...
LOS ANGELES, CA / ACCESSWIRE / July 11, 2023 / The employee retention credit was designed to put business tax refunds in the hands of companies that legitimately qualify for the tax credit.