The IRS is rejecting thousands of ERC applications and clawing back others, and it's now giving businesses that already received money an off ramp. Business owners that received a payout from the ...
Citing the Employee Retention Credit—or ERC—as a “major concern,” the IRS has announced a voluntary disclosure program for businesses who want to pay back the ...
Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. The IRS today announced a withdrawal process for business owners/tax-exempt ...
Based on our understanding, the IRS uses several methods to select Employee Retention Credit (ERC) applications for audit, and in some cases, random selection. Suspicious conditions can also cause an ...
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