Search results
IRS Breaks ERC Logjam. What Does This Mean For The Average Joe?
Forbes· 2 days agoThe Internal Revenue Service (IRS) announced a breakthrough today in the logjam of Employee Retention Credits (ERC) that has plagued ...
In Pending Litigation, IRS Reveals Strategy For Managing ERC Backlog
Forbes· 5 days agoAlmost from its inception, the IRS and employers have experienced headaches from the employee ...
IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 3 days agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era ...
HILL TAX BRIEF: Inside the IRS’s Pandemic-era Credit Mess
Bloomberg Law· 6 days agoThe Employee Retention Credit—created by Congress as the pandemic forced businesses to keep employees home to prevent ...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
WJTV Jackson· 3 days agoNEW YORK (AP) — The Internal Revenue Service said Thursday a review of 1 million claims for the ...
New IRS Covid Credit Claims Remain on Hold Amid Fraud Scrutiny
Bloomberg Law· 3 days agoThe IRS will deny tens of thousands more pandemic-era employee credit claims it deems potentially fraudulent in the coming weeks, as it remains in a holding ...
IRS Sees Fraud Risk for ‘Vast Majority’ of Covid Credit Claims
Bloomberg· 3 days agoThe IRS will deny tens of thousands more pandemic-era employee credit claims it deems potentially...
IRS Covid Tax Credit Backlog Grows to 1.4 Million Claims
Bloomberg Law· 6 days agoThe inventory of the IRS’s pandemic-era tax credit claims has grown to 1.4 million, with most claims filed before the processing pause, Deputy Commissioner Doug O’Donnell ...
IRS says 'vast majority' of 1 million pandemic-era credit claims show a risk of being improper -...
ABC 7 El Paso· 3 days agoThe Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows ...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims may be improper
Market Watch· 3 days agoThe Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows ...