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Employee Retention Credit: What businesses need to know
The Employee Retention Credit (ERC) was a crucial financial lifeline for businesses during the COVID-19 pandemic. However, ...
What To Do With ERC Refund Claims And IRS Denial Or Recapture Letters
It was not that long ago that the IRS was claiming that the ERC program was rife with fraud. IRS Commissioner Danny Werfel ...
Kiplinger1y
Problems With Claiming the Employee Retention Credit (ERC)
The Employee Retention Tax Credit (ERC or ERTC) has been in the news. The IRS continues to warn taxpayers about ERC refund scams and ramped up enforcement to root out false claims for the pandemic ...
Forbes1y
Employee Retention Credit Schemes Are Symptoms Of A Dysfunctional Tax System
When a business owner receives the funds they just assume the IRS has approved the refund claim ... unfortunately will be audited." The Employee Retention Credit was a program in effect for ...
Kiplinger4y
The Employee Retention Tax Credit Helps Keep Workers Working
Take, for example, the employee retention tax credit (ERTC), a federal payroll tax break available to businesses economically hurt by the coronavirus crisis but continue to keep employees on the ...
AgWeb3y
Remember the ERC When You File Your Form 943
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 ...