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ERC Updates: Handling The Flood Of Improper Claims
Forbes· 6 days agoMary Wood of Meadows Collier discusses recent updates on the employee retention credit, from the IRS’s moratorium on new claims to the ...
Dentons Attorney Sues IRS for Employee Retention Credit Details
Bloomberg Law· 4 days agoDentons Sirote PC shareholder Michelle Levin sued the IRS to force it to disclose internal guidance for revenue agents examining returns that claim a Covid 19-related employee retention credit.
IRS Covid-Era Employee Tax Credit Delays Snarl Deal Closings
Bloomberg Law· 4 days agoDeals are being held up as businesses wait to hear from the IRS on the pandemic-era credit at the heart of the agency’s war against fraud. Many businesses that claimed the ...
HILL TAX BRIEF: IRS’s Werfel Talks ERC Claims and Direct File
Bloomberg Law· 5 days agoOver $400 million worth of employee retention tax credit claims have been withdrawn, IRS Commissioner Danny Werfel told a House panel Tuesday.
ERTC Claims For 2021 Wages, COVID Refund Application Deadlines Updated
Digital Journal· 5 days agoPRESS RELEASE Published May 8, 2024 AmpWire First launched in 2020, the ERTC or Employee Retention Tax Credit program has gone through ...
Taxpayers Withdraw $400 Million in ERC Claims, IRS Chief Says
Bloomberg Law· 6 days agoTaxpayers have withdrawn over $400 million worth of unpaid employee retention tax credit claims since the agency paused processing new ...
Weekly IRS Roundup April 29 – May 3, 2024
The National Law Review· 6 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of April 29, 2024 – May 3, 2024. April...
Legion's founder aims to close the gap between what employers and workers need
TechCrunch· 6 days agoWhile taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were...
New York Community (NYCB) Rating Downgraded to BB by Fitch
Zacks via Yahoo Finance· 5 days agoAlthough management has outlined a credible restructuring plan, the improvement of NYCB's credit...
U.S. budget deficit shrinks in first 7 months of fiscal year
Market Watch· 3 days agoFor the fiscal year to date, the deficit is $855 billion, or 8% less than the same period a year...