Search results
Do I Need to Pay Taxes on the Employee Retention Credit?
SmartAsset via Yahoo Finance· 1 year agoAlthough swaths of the economy grounded to a halt in 2020 because of the COVID-19 pandemic,...
The IRS Is Warning Small Business Owners to Watch Out for This Scam
Motley Fool· 8 months agoImage source: Getty Images At the height of the COVID-19 pandemic, with unemployment rates rising,...
A COVID-era program is awash in fraud. Congress aims to wind it down and expand the child tax credit
Associated Press via Yahoo News· 3 months agoWhen IRS Commissioner Danny Werfel met privately with senators recently, the chairman of the Senate...
West Des Moines firm to lay off workers amid IRS crackdown on COVID-19 tax credits
The Des Moines Register via Yahoo Finance· 7 months agoA West Des Moines firm confirmed Friday it will lay off 78 workers as of Oct. 19 after the U.S....
Gillibrand demanding IRS issue employee retention credits owed to nearly a million businesses
Watertown Daily Times, N.Y. via Yahoo News· 12 months agoMay 4—WASHINGTON — Nearly a million businesses are owed an employee retention credit for keeping their staff on payroll through the early days of the COVID-19 pandemic, and Sen. Kirsten E. Gillibrand ...
New York lawsuit is a window into Bitwise’s problems. It cost company $6.4 million
Fresno Bee McClatchy via AOL· 11 months agoAn apparent quest for cash last fall prompted Fresno-based Bitwise Industries and its co-CEO, Jake...
How COVID-19 led to creation of Phoenix accounting firm that helps businesses unlock federal aid
AZCentral | The Arizona Republic via Yahoo News· 2 years agoWhen the COVID-19 pandemic hit and the CARES Act threw a much needed lifeline to small businesses,...
3 tax breaks small businesses don't want to miss
Yahoo Finance via AOL· 1 year agoSmall employers faced unprecedented times in the last couple of years. Fortunately, Congress passed tax incentives for small business owners to take...
‘Troubling’ Tax Credit Is Huge Red Flag for Audit, IRS Warns
GOBankingRates via Yahoo Finance· 1 year agoThe IRS has added a new entry to its "Dirty Dozen" list of tax scams, this one involving misleading...
Voluntary paid leave: A different way
Portsmouth Herald via Yahoo News· 2 years agoCOVID-19 foisted paid leave into the public conversation. Federal programs like the Families First Coronavirus Response Act (FFCRA) mandated periods of...