PPP Loan Will Cause Related Company to Be Ineligible for CARES Act Employee Retention Tax Credit
The National Law Review· 1 day agoOne of the surprises contained in the FAQ is that if a company receives a Paycheck Protection Program (PPP) loan, then all companies that share common ownership will not be eligible for the ...
Restaurant Businesses Entitled to Favorable Employee Retention Credit Treatment
The National Law Review· 4 days agoCertain restaurant businesses that thought they were ineligible for this tax credit may be entitled to take advantage of it for wages paid up until this COVID-19 economic ...
Employee retention tax credit fraud makes IRS Dirty Dozen list | Chattanooga Times Free Press
Chattanooga Times Free Press· 2 days agoHave you heard that the government is handing out up to $26,000 per employee to businesses affected by COVID-19? The employee retention
IRS Moratorium Employee Retention Credit Claims
The National Law Review· 7 days agoInternal Revenue Service IRS issues moratorium on New Employee Retention Credit ERC Claims until December 31
IRS Employee Retention Guidance
The National Law Review· 7 days agoInternal Revenue Service released Employee Retention Credit, ERC, guidance. IRS’s recent issuance of final regulations led to release.
4 IRS red flags for Employee Retention Credit audit selection - Boston Business Journal
The Business Journals· 3 days agoBased on our understanding, the IRS uses several methods to select Employee Retention Credit (ERC)...
The lucrative employee retention tax credit was suspended by the IRS due to questionable claims....
Philly.com· 6 days agoThe Internal Revenue Service has suspended the processing of a very popular pandemic-era tax credit due to a “surge of questionable claims.” The Employee
Employee Retention Tax Credit Available to Businesses Because of New Lockdowns
The National Law Review· 7 days agoAmount of Credit: 50% of wages paid, and the cost of providing health care benefits between March 13, 2020, and Dec. 31, 2020, if the conditions to claim the credit ...
IRS issues a moratorium on new Employee Retention Credit processing | Chattanooga Times Free Press
Chattanooga Times Free Press· 3 days agoYour Better Business Bureau and the IRS warned companies earlier this year about scams revolving around the Employee Retention Credit ...
Arvo Tech Offers Comprehensive Guide to Help Safeguard Businesses from Misleading Employee Retention...
PRWeb· 3 days agoLook out for things like "I agree to defend and indemnify tax credit provider from any adverse actions as a result of credits claimed for the Employee ...