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IRS asks Congress to scrap employee retention credit amid ‘gold rush’ of bogus claims
The Hill via Yahoo News· 19 hours agoThe IRS is getting blasted with bogus claims for the employee retention tax credit (ERC) and is...
IRS Will Deny Billions Of Dollars Of ‘Clearly Improper’ Employee Retention Credit Claims
Forbes· 16 hours agoAfter a detailed review, the IRS says it plans to deny tens of thousands of improper high-risk ...
Small Business Employee Retention Credit IRS
WFMZ Eastern Pennsylvania and Western New Jersey· 18 hours agoFILE - A sign for the Internal Revenue Service is shown on the agency's building on May 4, 2021, in Washington. The IRS said Thursday, June 20, 2024, a...
IRS News Release: High-Risk Employee Retention Credit Claims to Be Denied, More Processing to Begin...
Bloomberg Law· 2 hours agoThe IRS plans to deny tens of thousands of improper high-risk Employee Retention Credit claims while starting a new ...
IRS says ‘vast majority’ of 1 million pandemic-era credit claims show a risk of being improper
WWTI Watertown· 17 hours agoNEW YORK (AP) — The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing ...
IRS says it will deny most claims of pandemic tax credit for employers
Washington Post· 19 hours agoThe IRS said Thursday that it plans to deny the vast majority of claims for the Employee Retention ...
New IRS Covid Credit Claims Remain on Hold Amid Fraud Scrutiny
Bloomberg Law· 19 hours agoThe IRS will deny tens of thousands more pandemic-era employee credit claims it deems potentially fraudulent in the coming weeks, as ...
IRS to Reject Billions of Dollars in Covid Employer Tax-Credit Claims
The Wall Street Journal· 18 hours agoThe Internal Revenue Service is planning to deny billions of dollars of claims for the pandemic-era ...
IRS Finds Most ERC Claims Have Unacceptable Levels of Risk
PYMNTS.com· 13 hours agoThe IRS plans to deny tens of thousands “improper high-risk” Employee Retention Credit (ERC) claims...