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IRS stops processing pandemic-related tax credit that saw non-stop promotions
Detroit Free Press via Yahoo Finance· 8 months agoThe Internal Revenue Service is taking the unusual step of immediately stopping the processing of...
IRS rejects claims from 20,000 taxpayers for lucrative small business tax credit
Yahoo Finance via AOL· 6 months agoThe IRS is taking action against small businesses that improperly filed returns claiming a lucrative...
IRS tells small businesses to withdraw ineligible claims for lucrative tax credit
Yahoo Finance· 7 months agoThe IRS is urging small business owners who claimed a lucrative tax credit to review their...
‘Troubling’ Tax Credit Is Huge Red Flag for Audit, IRS Warns
GoBankingRates via AOL· 1 year agoThe IRS has added a new entry to its "Dirty Dozen" list of tax scams, this one involving misleading...
IRS claws back money given to businesses under fraud-ridden COVID-era tax credit program
Associated Press via AOL· 2 months agoThe IRS says it's making progress with initiatives to claw back money improperly distributed under...
The IRS is going after scammy firms pushing a small business tax credit
Yahoo Finance via AOL· 8 months agoPop-up companies aggressively pushing a small business tax credit may soon be in hot water with the...
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· 4 months agoWhen IRS Commissioner Danny Werfel met privately with senators recently, the chairman of the Senate...
IRS: Louisiana businesses should check eligibility for COVID-era tax credit before deadline
WVLA Baton Rouge via Yahoo News· 3 months agoBATON ROUGE, La. (BRPROUD) — The Internal Revenue Service says small businesses in Louisiana should check their eligibility for Employee Retention Credit claims before a March deadline. The ...
The IRS Is Warning Small Business Owners to Watch Out for This Scam
Motley Fool· 9 months agoImage source: Getty Images At the height of the COVID-19 pandemic, with unemployment rates rising,...
IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims
Associated Press via AOL· 8 months agoThe Internal Revenue Service is pausing accepting claims for a pandemic-era tax credit until 2024...